» Profiting from Business Ideas

How important is the description of the goods or services associated with the trademark?

Drafting a well-tailored description is critical for minimizing the possibility that the U.S. Trademark Office or a third party will object to the trademark application. Any such objection can substantially increase the legal costs of obtaining a registration of the trademark. Our firm can assist you in drafting an appropriate description of the goods or services associated with your trademark.

What is the first step in filing a trademark?

The first step in filing a trademark is to perform a search to determine whether other businesses may already be using the same trademark or a similar trademark. Our firm can assist you in performing such a search and in analyzing the search results.

How does a business make money from an invention or a proprietary good or service?

When a business has an invention or a proprietary good or service, it needs to craft an effective plan for monetizing this advantage. The business can (1) make it or provide it, and then sell it; (2) pay a third party to make it or provide it, and then sell it; or (3) identify a third party willing to buy the right to make it or provide it. To earn revenue from your business innovation, our firm can assist you with distribution, supply and marketing agreements, with third party contract manufacturing and services agreements and with licensing and intellectual property transfer agreements.