There is always a need for enormous investments and a resource-intensive level of effort when it comes to developing new products and methods, brand names, content, etc. As a result, the individuals or entities who create them must have exclusive rights to their creation. This uniqueness is made possible by intellectual property systems and laws.
It is possible to register a trademark on a company's name and logo if they meet the requirements of the relevant Trademark Class. A trademark can fall into one of 45 different categories. To determine one's place in society, one must first classify one's goods or services.
Trademarks provide their owners with a measure of legal protection, and once registered, their owners can sue anyone who infringes on their trademark. Because any potential trademark creator will find your trademark in the Trademark Database/Trademark Registry during the research phase of trademark creation, this safeguards your brand from Trademark Infringement even before it's created.
A trademark helps customers identify with a company's goods and services, which can lead to increased sales and brand awareness. Successful and high-quality products are key to attracting customers. The trademark registration is effective for a period of 10 years and serves to safeguard the company's earnings during that time.