Yes, technically you can utilize the name of an existing company. However, it is not advised. Make sure the name you intend to use is not being used by another company by conducting extensive research. You might be sued for trademark infringement or unfair competition if you use a name that is already used.
A business name may indeed be trademarked. When a trademark is registered, a company is granted the sole right to use the name in its sector. This implies that competing companies are prohibited from using the same or a similar name for comparable goods or services. Before registering a name, it’s crucial to perform a trademark search to minimize any potential legal ramifications. How can I tell whether my proposed business name has already been taken?
There are various methods for determining whether a business name is already taken. Searching online, including on social media sites and company directories, is one choice. Searching the Secretary of State’s office database in the state where the company will be registered is an additional alternative. A trademark search should be done to discover if the name has already been registered. How can I tell if a company name is protected by a trademark?
You can search the United States Patent and Trademark Office (USPTO) database to see if a firm name is protected by a trademark. All registered trademarks and pending trademark applications are listed in this database. To avoid potential legal problems, it’s crucial to perform a trademark search before registering a business name.
In conclusion, having the same name as another business is not advised even though it’s not against the law. Make sure the name you intend to use is not being used by another company by conducting extensive research. Furthermore, registering a trademark grants a company the sole right to use the name in its sector. Before registering a name, it is essential to conduct a trademark search to prevent potential legal problems.