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The Six Steps for Registering A Trademark

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If you are in business, then you understand the need to have a brand identity. A unique identifying feature in your business name, the logo, or the service is essential to stand out in the market. To achieve this, you have to sell differentiated products and use a name that hasn’t been used by others or rather, a name that won’t bring confusion or ownership infringement feuds.

Though your business name is unique, a trademark to your products or services will ensure that your brand name is upheld. To register a trademark, follow the following steps:

1. Pre-registration

Here, you do not have to sign anything. Before making any important business step, you must ask if there is a critical need for the business trademark. Products and services, only, are eligible for trademarks. Inventions and literally arts cannot be trademarked.

You should also evaluate the need for the trademark. If the business name is enough to identify your company, the products and services you trade in, then you do not need to trademark them urgently.

2. Selection of the mark to trade in

This is among the toughest choices to make once you have ascertained the need for trademarking. The mark chosen should be unique and means to use in business. Descriptive, fancy, generic, and suggestive names will have to be deliberated.

When selecting the mark, you should also consider the graphical strength it possessed. As aforementioned, the trademark is your brand identity. To sell your brand, the format, availability, and the products to which the mark will be applied should be considered.

3. Name search

As you select the trademark, the ones chosen should be run through the US Patent and Trademark Offices database. A name search helps in preventing registration of an already registered trademark that can cost you more in revenue and legal fees later. This also helps to know if your name is desirable or not.

4. Application

After the selected mark is found to be available, you can fill in the application for trademark registration. The registration can be either on the ‘use in commerce’ or the ‘intent to use’ basis. This can be done online or on paper. You should note that there are various trademark attorneys in San Diego who will help in processing your trademark application. The best offer flat fees for registration and at reasonable values that will not cost your business as much.

5. Application evaluation

Once you have presented everything to the US. Patent and Trademark offices, you will be required to wait. This can be a long process, but with an attorney at hand, the process will be smooth. The status of the application can be monitored every 3 or 4 months. An examining attorney completes the review and approves the application. This takes at least 12 months.

6. Rejection or approval

If a registration goes through, then you will be within the legal bounds to use the trademark on your products or services. You should also note that the trademark goes through the Trademark Trial and Appeal Board even after its approval by the attorney and it is only certified if this board doesn’t oppose the trademark.

Rejection of the trademark registration can be appealed if the name isn’t immoral, a primary surname, slanders a person, resembles another, etc.

In conclusion, though the registration process can be lengthy, it is your first step to improving your brand image and this can result in an increased return on investment (ROI). To ensure success of the registration process, do not leave blank spaces on the application form, use a valid and active email address, and work with an attorney registered to work in the US.

David Wicks is a renowned business law attorney in San Diego. Her vast experience has made her one of the best and most feted patent and trademark attorneys. Go to her LinkedIn page or blog for more on business law.

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Business

How to Grow Your Nonprofit With Little Budget

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It should come as no surprise that devoting time to a cause can be fulfilling. When you start one of your own, you will transform your life.

But establishing a nonprofit to take up said crusade comes with lots of barriers, namely financial. Traditional businesses often must figure out where the money will come from to make their vision a reality, and nonprofits are no different.

For nonprofit leaders with know-how and ideas but scarce financial capital, it’s an uphill battle. But it’s those who recognize their new nonprofits’ non-monetary value and how to translate that into viability who can bring those causes to fruition.

A Little Marketing Goes a Long Way

What nonprofits lack in budget, they more than make up for in positioning and branding. Organizations can mask their financial shortcomings by properly marketing each themselves and spotlighting who they are and what they can do.

That starts with communicating your purpose or company “brand.” Identifying your brand lets people know who you are and what you can do for others, which can go a long way in creating long-term relationships. From there, you want to avoid potential conflicts of interest or even the appearance of one: As owner, officer, or director, you should never personally profit from any transaction with your organization.

Once you’ve settled those things, you can market your nonprofit to its fullest potential. The next step is to take those attributes to events and platforms that feature opportunities to rub elbows with financiers with values similar to your own.

For nonprofits with limited funds, I suggest looking to corporations to sponsor a campaign. Dress for Success, for example, held a “clean your closet week” by asking professionals to donate clothing, and the campaign generated $400,000.

And when you find an actual sponsor, it can be a useful way to find other organizations that align with your mission. Let’s say you connect with a corporation known to work with homeless youth. It’ll have relationships with many other corporations that work with this same service sector, which can establish a ripple effect.

Do Good on a Discount

Outside of knowing how to sell your cause, the following tips are useful to help your growing nonprofit continue to scale:

1. Think intangible. When you’re on a tight budget and don’t have money to involve your nonprofit in initiatives requiring a cash investment, start off by marketing non-financial resources, such as your time and industry knowledge.

Not only will it provide your organization some much-needed exposure, but it’ll also give you and your other teammates a better idea of the work involved and a brief overview of your chosen nonprofit sector. Plus, it’s not a bad way to make connections.

2. Give in to the youth movement. Look for volunteers at area high schools. Talk with the local school councils and ask whether it’d be possible to create a partnership that would allow teens to volunteer for a school credit or as an extracurricular activity.

Position the volunteer opportunity as a way for teenagers to prepare for the future. After all, volunteering improves not just communities, but also participants’ social and communication skills. In fact, they often reap better advantages at college and on down the line.

3. See how the pros do it. Follow the activities of larger nonprofit and nongovernmental organizations. Check with international organizations like the United Nations; you may find opportunities for involvement and gain access to their funding pool.

Take NeedsList, for example. The online platform was created to help small grassroots groups connect with NGOs across the world in need of shoes, SD cards, and other supplies. Donors can choose to donate goods, money, or time, which brings us full circle.

As the adage goes, it’s not what you know but whom. No other sector exemplifies this more than nonprofit. For foundations on a shoestring budget, make connections, think about what you have to offer, and deliver on your purpose each step of the way. Then, you can let your personal transformation begin.

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Business

Social Good Doesn’t Require a Non-Profit

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You want your business to be a force for social good. Most importantly, you want to meet the needs of some target population with the warmth and care reminiscent of the most nurturing presence as opposed to a cold, heartless corporation. You believe your only option to be registration of your business as a non-profit. Chrystalyn Reid of non-profit Queen Esther Ministry states that she didn’t consider anything other than a non-profit, “Because I wanted to help people without worrying about a profit-making business.”

Social Good Dreams

Other options exist, but I want to first challenge your start-up launch with several organizing questions:

Are you under the impression that non-profits always have low budgets and low pay for employees? The average non-profit CEO makes between $97,000 and $123,462. Seventy-six of 4,587 charities pay their CEOs more than $500,000 per year in compensation. Seventy of those have an annual budget above $13.5 million.

Have you created an Outcome Logic Model for your social good business identifying the revenue streams that are possible within the business operations? The typical non-profit today makes only 21% of its revenue from donations. Over 72% comes from program service revenues which include government contracts. Many of those contracts are open to non-profits and for-profits alike.

Have you considered how your board and funding structure will impact the mission of your social good business? You may have heard recent public broadcasting stories about mission drift or mission creep. You will want to ensure that your business bylaws are written to guard the mission.

Another Option: B Corp

A B Corp is an organization founded for social good. According to the B-Corp website, B Corps “meet the highest standards of verified social and environmental performance, public transparency, and legal accountability, and aspire to use the power of markets to solve social and environmental problems.” Over 2,221 B Corporations are now certified from over 50 countries and 130 industries.

The choice of a B Corp structure over a non-profit structure for many is a question of funding. They choose non-profit proposing to fund the business through grants. A non-profit is the choice for those who want to provide a tax write-off to their donors and want to be eligible for grants that specify that only 501c3 corporations may apply. Yet, that explanation is a premature determination about how your corporation can make money. More specifically, if you conclude that your social good company can ONLY make money through donations from donors who require a tax write-off,

More specifically, if you conclude that your social good company can ONLY make money through donations from donors who require a tax write-off, non-profit is your only option. On the other hand, you can create value beyond the tax write-off. You may develop revenue streams other than grants. You could have a non-profit partner organization. In these cases, you may consider starting a for-profit with B Corp certification instead.

Mission Creep & Creepy Mission

Many launch non-profits because they believe that the money is not as important as the difference they can make. They focus on the people that they will help, the social good proposition, and the lives that will be changed rather than the bottom line. “My mission was never to make money. It was something that God called me to, to make a difference for women aging out of the foster care system,” Reid says about her non-profit.

This often means that these social entrepreneurs also neglect to focus on sustainability. Therefore, Marvin Olasky can tell the story in Renewing American Compassion of the multi-million-dollar social welfare building with few visitors. He compared this to a beloved, yet poorly funded child services non-profit. The non-profit operated with client numbers above its capacity.

Social workers and others working for social good are coming to grips with the fallacy of money as a dirty word (or after thought). They are also redefining their business models to avoid mission creep. They diversify offerings to access additional revenue streams without overextending the mission. The innovative method involves building programs for sustainability as well as mission achievement. They couple a profit mechanism within the service provision mix as the social good business model. The result are programs that support themselves.

Mental health agencies have been doing a version of this at the insistence of managed care organizations—billing for specific services. The difference in more recent innovations is to go beyond the billable scope of practice. Include a more holistic service cadre for clients. Those extended services, formerly out of scope, are funded through private donations, fundraisers, and now sales of manuals, merchandising, or sponsorship agreements.

The take away is that profits are not the enemy of social good. Failure to meet the mission is. As Reid of Queen Esther Ministry confirms, “As I’ve learned more about my business, I know the value of diversifying my revenue streams in addition to honoring my mission. I’m now exploring other revenue ventures through my business like holding a Summer camp.”

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Business

Why 2017 Is the Year to Join Instagram

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Did you know that by the end of 2017 around 70.7% of all brands are expected to have a profile on Instagram, or that businesses who have utilized their post boosting advertising options have been successful in 70% of cases?

A new report looks at these stats and a lot of other interesting data, which suggests 2017 is the year your business should join the popular social network.

A Large and Engaged User-Base

To have success in your marketing campaigns you must be able to get consumers invested in your products or services by creating an emotional response. Interacting with your target audience is the only way you can build their trust and accomplish this goal. This is where Instagram becomes such a powerful tool.

The platform is growing at a fast rate with over 300 million users logging on every single day. These users make an average of 95 million posts, which generate 4.2 billion likes!

The 18 to 30 demographic (the holy grail for a lot of businesses) accounts for 55% of Instagram’s users in the United States.

Furthermore, around 50% of all users follow at least one business’s account.

If you want access to consumers, Instagram offers a direct link which an audience broad enough to benefit any business large or small. Where the network really stands out, however, is its ability to engage users like no other.

Despite having far more active users every day, Facebook, for example, is not able to generate the same rate of likes, shares, and comments on posts. This is because Instagram focuses mainly on visual content, including photos, video clips, live streaming, and stories that expire after 24 hours.

Visual content is simply much more eye-catching and requires less mental attention than walls of text. The savvy marketer who can post professional shots of products, add value with informative videos, and craft a friendly and accessible brand image by showing the inner culture of the business – is almost certain to boost conversions and sales.

The Right Approach

Of course, accomplishing this is easier said than done. Fortunately, the infographic also gives us some insight to get you on the right track.

Building trust requires you to tread a fine line between over-selling and under-selling. Top brands post on average 4.9 times a week, so it’s wise to follow a similar pattern.

You must also remember to post at the most opportune times. Business accounts offer all sorts of analytics, so over time, you can narrow down what time is the best for your individual target audience. However, in general, the most users are active on Wednesdays at 5 pm. For newcomers, this would be a good time to post your most important content.

The data also explores the most popular emojis and hashtags, which can also be important when targeting your audience and getting them engaged.

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