How do I protect my business name

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  • Опубликовано: 14 дек 2024

Комментарии • 44

  • @samb3151
    @samb3151 4 года назад +4

    This is really important content which so many companies and business owners will appreciate! Huge thanks for explaining it so well Nicholas!!

    • @1stformations
      @1stformations  4 года назад

      We're glad you think this video is helpful, Sam.

  • @PriscilaDexheimer
    @PriscilaDexheimer 4 года назад +2

    Such helpful advice, good work 1st Formations!

  • @johncarpenter8651
    @johncarpenter8651 4 года назад +3

    Really useful for sole traders, cheers.

    • @1stformations
      @1stformations  4 года назад

      Yes, we feel this is valuable information for sole traders. Thanks John.

  • @graemedonnelly7431
    @graemedonnelly7431 4 года назад +1

    Thank you Nick for another excellent episode of Whiteboard Thursday.

  • @nichebeckingdale
    @nichebeckingdale 4 года назад +2

    Thank you, really helpful, well explained

    • @1stformations
      @1stformations  4 года назад

      Pleased you found the video useful, Nick.

  • @darkdancer1983
    @darkdancer1983 4 года назад +3

    This is very educational, never knew how passing off works!

    • @1stformations
      @1stformations  4 года назад

      Thanks Peter - yes, passing off is a little known topic which we think is very important that businesses understand.

  • @Iliketrainsbrooooom
    @Iliketrainsbrooooom 4 года назад +2

    Cheers man, always great content!

  • @RezaTaheri
    @RezaTaheri 4 года назад +1

    Third option is the best: trademark protection

    • @1stformations
      @1stformations  4 года назад

      Thanks Reza - yes, trade mark protection is vital to ensure these are not used nefariously by competitors!

  • @annalisemaguire9630
    @annalisemaguire9630 4 года назад +1

    Amazing Nick - a lot of beneficial information as always!!

    • @1stformations
      @1stformations  4 года назад

      Many thanks for your kind comment Annalise!

  • @preciousjason
    @preciousjason 4 года назад +1

    This is brilliant. I have heard horror stories of passing off and this video is fantastic for individuals at different stages of business

    • @1stformations
      @1stformations  4 года назад

      Thank you Precious. Yes, we feel passing off is a little known part of UK company law which can be very costly.

  • @hawkdene123
    @hawkdene123 4 года назад +2

    Great content Nicholas! keep it up I’m loving the series 😍

    • @1stformations
      @1stformations  4 года назад +1

      We're glad you are enjoying the series, James.

  • @sarahbunga2685
    @sarahbunga2685 2 года назад +1

    Can you secure your business name on company house even if you just started and not making consistent sales as yet will i be taxed ?

    • @1stformations
      @1stformations  2 года назад +1

      Hi! Yes, you don't need to be trading before you form a limited company. In fact some people form a company with no intention of ever trading just to reserve the company name. Regarding tax, you may find this blog post helful:
      www.1stformations.co.uk/blog/file-company-tax-return/

    • @sarahbunga2685
      @sarahbunga2685 2 года назад +1

      Aww thank you soo much for this. Can i reserve my company name via company house right on the governments website is there a fee to register

    • @1stformations
      @1stformations  2 года назад

      @@sarahbunga2685 No problem at all. You can register directly with Companies House - alternatively you can use a company formation agent (such as us here at 1st Formations!). We offer a number of different packages - including one dedicated to reserving the company name - take a look at the below link and please do let us know if you have any further questions:
      www.1stformations.co.uk/compare-packages/

  • @paultavener1544
    @paultavener1544 4 года назад +1

    Good information to know.

    • @1stformations
      @1stformations  4 года назад

      Glad you found it informative, Paul.

  • @philrowlands1087
    @philrowlands1087 4 года назад +1

    Great video! Very interesting

    • @1stformations
      @1stformations  4 года назад

      We're glad you enjoyed this video, Philip. If you have any other topics you would like us to cover, just leave a comment and we'll see what we can do!

  • @cherry_shadow
    @cherry_shadow 10 месяцев назад +1

    As I am starting my own business, I just wana protect my brand name so I can sell goods. Do I need to register to limited companies and trademark?
    I feel like trademark is my answer

    • @1stformations
      @1stformations  10 месяцев назад

      Hi Cherry,
      Unincorporated businesses have limited protection with regard to their chosen business name. Whether they are using their own given name(s) or a trading name, anyone else can set up a business and trade under the same name(s).
      The law of passing off can offer some assistance, and registering a trade mark (see below) provides more comprehensive protection; however, it is more common for businesses to form a limited company to protect their chosen name.
      Registering a trade mark is another way to protect a business name. A trade mark provides the owner with exclusive rights to market or sell goods and services using this trade mark, and the right to prevent others from using the same or similar marks to market their products.
      I hope this helps! What will your business be doing, Cherry?

  • @sabakebede6056
    @sabakebede6056 3 года назад

    Interesting :) thanks for sharing!

  • @johncedricparry
    @johncedricparry 3 года назад +1

    PS. I always remember Granada TV taking Granada Heating and Plumbing to court for passing off. The plumbers won!

    • @1stformations
      @1stformations  3 года назад

      Yes, passing off is very tricky to win in court, but it can be done. Is this something which you have had to deal with?

  • @Skiglwash
    @Skiglwash Год назад +1

    Just curious - Your thoughts on what the possibilities are of a future brand still to come that will top big giants like Amazon & Appel?

    • @1stformations
      @1stformations  Год назад

      Not sure, what do you think?

    • @Skiglwash
      @Skiglwash Год назад +1

      @@1stformations I wouldn't be asking if I was not confident. The time for a new meaningful brand to enter the market is overdue.

    • @1stformations
      @1stformations  Год назад

      @@Skiglwash Great. Are you involved with Amazon & Appel?

  • @otakuakira6838
    @otakuakira6838 2 года назад

    Do 1stformations provide trademark protection?

    • @1stformations
      @1stformations  2 года назад

      Thanks for the question.
      I'm afraid that isn't a service that we offer. However, we have written a blog on the subject that may be of some use:
      www.1stformations.co.uk/blog/guide-registering-trade-mark-uk/

  • @كنوزنسائية
    @كنوزنسائية 3 года назад +1

    good

    • @1stformations
      @1stformations  3 года назад

      We ae so glad you enjoyed our video! Have you checked out our latest video ruclips.net/video/z6mXoWOsYi0/видео.html ?