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Finance

Register your Trademark to Assure, Avail and Acquire

A trademark is a symbol, word or mark used to differentiate a service or a product from rivals or competitors. A trademark is not a descriptive term for a product. It should and must be a mark that can empower your service to be distinct from the other products in the market. Trademarks are the most important and valuable asset of a business and signify the goodwill of an organization. Trademarks must be thought, registered and used with care.

Trademark registration is the single best the quickest and cost-effective route to develop a cutting-edge market position, monetary advantage and securing business identity. Numbers of business owners do not understand the influence of trademarks and having to secure their intellectual property through trademarks. When a trademark is registered, it grants exclusive rights to the business and the owner.

Selecting a mark: Pick a mark which is strong and can be safeguarded from infringement by the rivals. When a trademark is used illegally or without authorization and leads to confusion, deception about the goods and services, it is called infringement. There a number of marks with varying degrees of a shield. The weak will always have a little safeguard and will have a difficulty in preventing others from using its mark but the strong will always stand protected.

Arbitrary marks: Coined marks are the most powerful. A word like ‘ KODAK’ is a made up or coined term for the products. MICROSOFT is an unpredictable term, used for computers.

Suggestive marks: These marks create an admirable marketing value. For instance, LUX is used for soap but doesn’t depict about it. Suggestive marks receive tremendous safeguard and are the strongest. Some owners confuse suggestive marks with descriptive terms which cannot be registered as trademarks. TRIVAGO is a website for the searching hotel, but the name doesn’t suggest it.

Descriptive terms: These marks name ingredients and qualities that are not considered different and do not entitle to a trademark registration. “National Book Store” for a bookstore, is a descriptive trademark name.

Merely descriptive: These marks can never be safeguarded legally, regardless of as much use and advertising. A website like hotels.com can never be trademarked. A soft drink named “sweet” would also never be registered.

Conduct a trademark search: You must never launch a service or a product line without analyzing and investigating already registered trademarks. It is a cost-effective investment which cannot be compared with anything. If the trademark you pick comes under the clauses of infringement, imagine changing the name of the organization after spending thousands on the services. Also, if the trademark you pick is not unique, the registrar can very file ‘trademark objection’ on the file. Failing to search properly can be easily used against you in the court of law if you were to be sued.

Register the mark accurately: Registered trademarks can both be used as a sword and a shield. The government provides you with the notice of you exclusive rights. The notice is the showcase of your rights to the world, even if someone is unaware of your authority.

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Finance

ARE YOU INTERESTED IN DOING BUSINESS IN DUBAI?

Business projects in Dubai are at the peak. Big investors and traders from all over the world have been working in this region in a sense to earn a good profit through this opportunity. Well before thinking about the services and options for business in Dubai, one needs to have enough understanding of business banking account. Is there any difference between usual banking account and a business account in Dubai? Yes, these are two different type of accounts. We will guide you about the comparison of the two.

Conventional Banking Account VS Business Banking Account

First of all, I will explain you about the functionality and type of business account. And for what purpose they are used in Dubai particular. A business account is specifically used for trade purposes and to handle the stock markets. Most of time high net worth individuals and multinational corporations are involved in this type of accounts. And they cater to their business deals and trading projects through these accounts. Also when you are dealing with different types of business in the form of small-sized enterprises or for big projects, you need more than one account. We will discuss this element of diversification in the later part of the article.

Now moving towards the conventional banking account, as we all know it is used for domestic banking purposes. Suppose you live in Dubai as an expat and works in a company. You for sure need an account in the form of a salary account or any other to deal with your monthly income. Also for saving purposes, you can use your traditional banking account. In Dubai, you can avail the services related to accounting for any purpose through top banks of Dubai.

A factor of diversification in the business accounts

Business is all about diversification of the wealth resources. If you are following this formula, then you can prove yourself as a smart businessman in the market. What do you mean by diversification in the business and how it works? Suppose you are dealing with more than one business. One initiative you have taken in Dubai and other is in Germany. Now if you are dealing with only one business account it will disturb your structure calculation. So always prefer to invest your wealth in more than one business and at the same time deal in with different business accounts.

Small and medium-sized enterprises in Dubai

Top banks of Dubai provide special facilities to their clients through financial managers to handle particularly with small business setups. As most of the people in Dubai are outsiders and they are frequently indulging in small business units. So professional experts from the field of banking sector can guide you with best business solutions. These financial experts are completely responsible for small-sized business projects or for high budget projects at the same time. They are the signs for the future investments of the clients of the bank to be fruitful. A person or a businessman cannot have enough knowledge and clear idea of what is going in the stock market and what is going on in the forex trading market. Because all these typical financial techniques are almost impossible for a businessman to handle. So for this purpose to earn a best and maximum profit, top banks of Dubai are always ready to provide best business solutions to their clients through their SME advisors.

Mashreq’ Unique business solution

When we talk about the banking sector, we see Mashreq bank of Dubai at the top of the list due to nit reliability and credibility in the local market. Not only in local market but also in the international banking market. This bank is quite famous among investors and traders. Due to its best wealth management solutions, Mashreq bank is providing its customers outstanding investment solutions and services. For further detail, you can visit the official website of the bank. When you will go to the website, you will be provided with an online portal of business banking account, just click on that and a new bar will be opened. There you need to read the terms and conditions and then you will be able to decide to take the offers.