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US Patent and Trademark Office: Protecting Your Intellectual Property

by Tax Master DFW on 11/13/14



US Patent and Trademark Office: Protecting Your Intellectual Property


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In today's world, there are people who think of different kinds of ideas and invent them. Some are original and others are based on other ideas. You have to consider that most inventions comes from people's thoughts and by inventing it, they inventors will be able to profit from it if it is useful for people. However, you have to consider that there are people who also want to make money for themselves and will try to copy your ideas in order to do it.

Because of this, many people have lost their invention. You have to consider that it is important to protect your intellectual property. Today, there are certain intellectual property laws that protect people's ideas from piracy or unauthorized duplication. With this law, your invention or even your design will be protected. So, where can you get your intellectual property protected?

The answer to this question is the United States Patent and Trademark Office. The USPTO is a branch of the US government that is responsible for protecting the intellectual property of people. To do this, the person with a certain design or an invention should have it patented in the PTO. However, the process is complicated and will require a certain amount of time. You have to consider that the laws concerning the intellectual property is a special kind of law that requires a special kind of lawyer.

The patent lawyer will be able to help you with your needs in patenting your designs or your inventions. They are responsible for helping you understand how patenting and copyrighting works and they are also responsible for helping you with the step-by-step process in having your invention patented. To have your invention patented, you need to have proof that you indeed invented it by showing a prototype and the blueprint for it. Once you have it, all you need to do is show it to the patent lawyer you hire.

The lawyer will then prepare all the legal documents and all the paperwork you have to sign to get your invention patented. By fulfilling all the requirements of the US Patent and Trademark Office, your invention will be examined by the personnel in the USPTO. They will conduct several examinations to your inventions and determine if it is qualified for patenting. They will also search if your idea has already been invented, which is a ground for disqualification.

You yourself will demonstrate your invention to the USPTO. If it works and the USPTO is satisfied under their scientific and technical category for competency, you will then undergo a USPTO administered patent exam called the United States Patent and Registration Office registration examination. This exam covers all the regulations and procedures that govern the USPTO practices.

If you are knowledgeable about the step-by-step process in the USPTO, you can file the patent for yourself without the assistance of a lawyer. This particular procedure is called filing a patent pro se. You will not need to be represented by a registered patent attorney or a patent agent. However, it is not recommended for people who don't know anything about the USPTO process because you have to consider that it is a complicated and hard process to go through.

You also need to consider that you should be financially prepared for patenting your invention. With an attorney representing you, the attorney's fees will cost more than US$20,000. Getting your invention is a hard process and very costly. So, you have to think about patenting your invention with the USPTO first before you go through the process. You have to be prepared financially because it is a very expensive process. You also need to make sure that you understand the categories about the demonstration and the approval of your invention with the USPTO.

These are some of the things you need to consider when patenting an invention. If you are sure that it is worth patenting your invention, then you should visit a patent lawyer and they will be able to provide you with all the necessary information regarding the patent filing process.

Just keep one thing in mind, if you think that your invention will be a hit with the public and can generate a lot of income for you, you can consider having your invention patented to protect it from being copied and be under the intellectual property law.

The Many Types of Franchises

by Tax Master DFW on 11/11/14

The Many Types of Franchises

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Owning your own business is a great accomplishment for virtually everyone who has ever tried to succeed in business or marketing. However, if you don't think you're intelligent enough or don't even want to attempt to start your own company from the ground up then one option that you always have is to start out with a franchised company. There are plenty of great things about starting with a franchise of a popular company, but the best thing about it is that you will receive all the help you need if your franchise begins to slip and fail. Furthermore, chances are that you'll receive adequate training before you even start with a franchise so that you'll actually be setup for a long successful road ahead. 

Whatever the case, though, franchises are an excellent way to have your own business and to actually own it. However, if you have ever thought about owning a franchise then probably the first thing that popped into your mind was how you would be able to pay for it. On the contrary, though, your first thought should not be about how you'll pay for the franchise, but should be about what type of franchise you want to start. Here are a few suggestions of the franchises one can easily get a hold of in the corporate business world.

Fast Food Restaurants

There is probably always going to be an empty spot somewhere throughout the country or the world where a fast food restaurant will be able to fit. One of the things that make fast food restaurant franchise opportunities a great idea is the fact that you are quickly able to turn a profit. Even though it may not be in the first year of owning the franchise (even though it very well could be in the first year) chances are that you won't have to go that far over the first year in order to realize a profit. Some of the most successful franchises that you probably already could have guessed are McDonald's Restaurant and Wendy's fast food restaurant.

Office Supply Franchises

One interesting type of franchise that will allow you to have success is an office supply store. Even though you don't have to acquire a large office supply store like Staples to be successful, there are plenty of smaller supply stores that specialize in office things, business stationary, and small pieces of furniture like computer desks and chairs. Office supply stores are definitely needed throughout the country which is why it makes them a great franchise opportunity!

On the other hand, there are plenty of other franchise companies to get involved with if you don't want to start up your own fast food restaurant or office supply store. A donut store franchise, such as one that is purchased from Dunkin' Donuts or Krispy Kreme, can also be successful since many people already love the morning donut products that they offer! All in all, though, there are plenty of franchise opportunities to choose from, but it just takes a little bit of homework to determine which will be successful!

The World of Trademark and the Trademark Office

by Tax Master DFW on 11/11/14


The World of Trademark and the Trademark Office


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Trademark is any icon, word, or image that symbolizes a product or services of a company. It may also be a symbol of recognition of a non-profit or non-corporate organization. Trademarks are supposed to be registered at either domestic or global levels and their proprietors are endowed with legal privileges and protection for the use of the trademark for commercial or recognition reasons.

Trademark is considered as an intellectual property. Intellectual properties are defined as the term used for a group of legal privileges to a different kinds of ideas, information, or creative works in certain medium of expression. Other categories of intellectual property are trade secrets, copyright, patent, and industrial design right.

If the company or organization has decided upon a trademark, then it should be registered to a trademark office to enjoy the rights and privileges the trademark law provides. But before the application is approved by the trademark office the owner or company must ensure the distinctiveness and availability of the chosen design. In other words, other than the reason for its originality, the trademark design should not be in use of another organization or company. If the eligibility of the trademark has been determined by the help of trademark lawyers, then the application may proceed smoothly.

Subsequently, if the chosen trademark has no other problems then it can be registered. Following its registration is the trademark's being published in the trademark office's official publication to make known to the public that this trademark has been officially registered. Through this, any member of the public is informed of the new trademark and may have the right to contest its eligibility if he or she believes that another company or organization was injured, commercially or through reputation, by the registration of the trademark.

The following are the overview of what the trademark offices do and the role of its global society in pushing through innovations in world of trademark and patent systems.

The main function of any trademark office is to endow exclusive rights for the protection and registration of trademarks. It basically gives service to the welfare of enterprising establishments in connection with the recognition or identification of their commodities and services. It may also facilitate the implementation of intellectual property laws. And with the authority of any trademark office, it is also a tool for the advancement of any country's innovation in technicalities as well as its economy. 
This agency has the authority to evaluate trademark applications. It also publishes and makes known to the public trademark documentation assignments, trademark information, and keeps a collection of search files of domestic (and possibly foreign) patents and trademarks. Some trademark offices also have search rooms that are open to the public where they can freely study previously registered trademarks.

And like any entity, trademark offices from around the world have created their own group to easily collaborate with each other about the regulation of the trademark system. The patent office is deemed inseparable with the trademark office. They go hand in hand within the systems of enterprise and commerce. Collaboration between offices can be very helpful for the improvement and innovations of the system.

Patent and Trademark Office Society is the global organization of trademark and patent offices between countries. This organization has a dynamic control on trademark systems as well as patent systems which supports the advancement of the system's development.

The origin of this organization can be traced back to January 4, 1917. It was mainly created to allow easy collaboration between the offices in the improvements of the system.

The main goal of the society is to encourage the progression of the trademark and patent systems, support the societal and professional interests of the Society's affiliates, to allow the progression of development of the criterion of ethical professionalism among Trademark and Patent offices, and to implement legitimate functions of trademark and patent systems.

The most successful product that the society has generated is the creation of the Journal of The Patent and Trademark Office Society publication. It basically endorses the scholarly and professional interests of the society's members and the general trademark and patent profession. The publication has been utilized as the standard vessel for information distribution and the barter of intellectual ideas in the world of trademarks, copyrights, and patents. The society has also been circulating a publication called the Unofficial Gazette. It is practically employed as a communication tool between its members about their leisure interests.

The Patent and Trademark Office society has also helped in the enhancement and appropriate operation of the laws and system concerning both trademarks and patents.

Why are Coffee Franchises so Popular?

by Tax Master DFW on 11/11/14

Why are Coffee Franchises so Popular?

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Investors everywhere are enamored with the idea of building a coffee franchise business. There are many reasons for this but the bottom lines boils down to the fact that so many among us love coffee-especially those that own and operate a coffee franchise. While loving your product or service is a great reason to go into a certain business, there are many other things that should be considered. With that in mind, many of the following reasons contribute to the wide popularity of the coffee franchise in the United States.

Low Investment. While this certainly isn't true of all coffee franchises there are many emerging coffee franchises that allow business owners to invest in their franchises and build upon the capital of their good names for well under one hundred thousand dollars. In the world of franchises this is huge with more popular franchises selling in excess of one million dollars for the first restaurant or store.

Low Overhead. This is yet another great reason to look to the wonderful product of the coffee bean upon which to build your business. The less money spent on expenses equal greater profit. Profits are the goal when investing in a coffee franchise or any other business venture. 

High Profit Potential. When you consider the cost of a cup of coffee at your average coffee franchise store the return on the investment is phenomenal. People spend more on a cup of coffee than they will spend on a gallon of gasoline at today's prices and consider it money well spent for the pleasure a good cup of Joe provides. The costs involved in creating that cup of coffee are relatively low when compared to the cost of a fast food hamburger and yet the cost of the cup of coffee is generally much higher.

Popular Product. Coffee is popular with millions of drinkers worldwide and new people turned on to the wonderful world of coffee each and every day. Not only are we looking at a world of growth as a business but coffee drinkers are growing younger than in years past. Coffee is a part of pop culture these days and seems to be a fad that is here to stay. You will need very little advertising to get your message across. Your biggest concern will be to continue providing excellent products and service so that customers will return day after day.

Pop Culture Appeal. I mentioned above that coffee houses, stores, and cafes have become a part of pop culture. This is appealing to many would be business or franchise owners and a huge reason that the coffee franchise has become prominent across the country in big towns and small communities alike. It is an opportunity to become a part of the popular culture of a generation and that is the sort of momentum that many business owners would love the opportunity to capitalize upon.

If you are considering buying into a franchise business, a coffee franchise may be the perfect solution. Examine carefully your reasons for wanting to do so and take the time to put pen to paper before buying in to make sure you are getting the best value for your investment dollar.

Business Owners: Should You Hire a Professional Tax Preparer?

by Tax Master DFW on 11/09/14

Business Owners:  Should You Hire a Professional Tax Preparer?

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Are you a small business owner who is getting ready to get your taxes prepared for this year?  If you are, you may be wondering whether or not you should use the services of a professional tax preparer.  When it comes to determining whether or not you should use the services of a professional tax preparer, you may want to think about the pros and cons of doing so.

When it comes to hiring the services of a professional tax preparer, one of the many pros or plus sides to having your small business taxes done professionally are the results.  Most professional tax prepares have the required amount of tax preparation training and many also have years of experience with preparing taxes.  This experience is what often guarantees that you will get better, accurate results.

Another one of the many pros or plus sides to having a professional tax preparer do your small business taxes for you is because of the deductions that they may be able to get you.  As it was previously mentioned, many professional tax preparers have up-to-date tax training.  This up-to-date tax training often means that they are educated on any new small business deductions that you may be able to qualify for, as well as old deductions.  This is nice because most small business owners, like you, who do their own taxes, actually end up missing out on multiple opportunities to save money on their taxes.

Your liabilities, when hiring a professional tax preparer to do your small business taxes for you, is another one of the many pros or plus sides to seeking assistance.  Even if you have some tax preparation experience, there is a good chance that you would end up taking your time, then go back and recheck your forms and then recheck them again.  This is due to the fact that those who file their own taxes are often held liable for any mistakes that are made.  The same is not always said when a professional tax preparer is used.  Most professional tax preparers do not make mistakes, but if they do make one, you shouldnít end up being held responsible or liable for that mistake.

Although there are a large number of pros or plus sides to doing business with a professional tax preparer, there are also a number of cons or downsides to doing so as well.  Perhaps, the biggest one is the costs.  It is no secret that it can get fairly expensive to hire the services of a professional tax preparer.  In most cases, the amount of money that you are charged will all depend on the complicity of your tax forms.  The harder they are to do, the more money you are likely to be charged.  Of course, it is important to remember all of the above mentioned pros to hiring a professional tax preparer.  Many time those benefits, alone, are worth the cost.

The decision as to whether or not you want to hire a professional tax preparer to do your small business taxes for you is yours to make, but, as outlined above, there are a number of benefits to doing so.  If you are interested in trying to do your own taxes, but you later find it too complicated to do so, you may want to think about seeking professional assistance, as it is never to late to do so.

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