6 Things about India’s New Trade Mark Rules You Should Know About

6 Things about India’s New Trade Mark Rules You Should Know About

Trade Mark Rules You Should Know About
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Registering for a trademark in India has always been a cumbersome process, involving lots of forms and days of headaches and confusion. With the aim of making the entire process easier for the applicants, the Government of India introduced new trademark rules, which went into effect in March 2017. Unfortunately, many people are unaware of the sweeping changes made by the new rules. So, in this post, we will look into six important changes that you should definitely know about.

Faster Registration

The most impactful change is that expedited processing is now made available to all applicants. What this allows you to do is to send in a request to process your registration swiftly. You will have to pay an additional fee for this. But if you are urgently looking to get a trademark registration, then this new rule will be of great benefit to you.

Online Document Delivery

A new rule classifies all communications made by the trademark office through email as a completion of service. What this means is that, unlike the earlier times, you don’t have to waste time waiting for any communication by regular mail. As such, not only does the new measure resolve the problem of documents being lost in transit, but will ensure that the registration process is completed swiftly.

Fee Difference

There are now two different fee charged for trademark registration, depending on whether you file it online or offline. All filings done online will have 10% reduced fee as compared to the physical filing.

Lesser Forms

The new registration process has cut down the number of forms to be filled, from the previous 74 to now only 8 forms. This not only saves time but will also save people from the confusion that was caused due to the numerous forms.

Registration Of Sound Marks

You can now register sound marks under the Indian trademark Rule 124. When filing the application, you will have to submit the sound in MP3 format, together with the musical notes. So, if you have been thinking of taking a sound mark, then now is definitely a good time.

Video Conference Hearing

In line with its digitization initiative, a new rule also states that any hearing can be made through video conferencing or other means of audio visual contact. This can essentially save you several hours in travel and other expenses.

In addition to the above, many other changes have also been introduced that can positively impact your registration process. And if you need any professional help with registering your business or idea, check out trademark or company registration by QuickCompany. They can help you get any kind of business registration in a matter of days and is the ideal choice if you are looking for a quick, professional service.

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Dreaming of Your Own Tech Startup?

4 Steps to Move You Towards Success
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In the last few years, tech startups have become fast-growing businesses by improving lives with technology and have made their owners vast fortunes in the process. If you want to get in on the action by founding your own tech startup, it isn’t too late. Here are four steps you can take that will prime you for success as a cutting-edge tech entrepreneur.

Think of an Idea

At the core of every successful business is a basic good idea. However, the idea that makes you into a tech millionaire may not be quite what you imagine. In most cases, it’s a better idea to improve something that already exists, rather than inventing something entirely new. Completely new ideas can make you rich, but they are also less proven and more likely to fail than improvements on existing products or services.

Start Learning How to Make It Happen

Once you know what you want to do, it’s time to figure out how to do it. Depending on the nature of your idea, you may need to learn one or more computer programming languages or a new hardware system. Often, this will mean going back to school. This is especially true if your idea is hardware-based, in which case you’ll likely need an electrical engineering degree to bring it to fruition.

If you already have the skills and want to just jump into the startup process, you will want to surround yourself with people who will move your startup towards success. This means that you will need to gather people around you who have the experience and educational backgrounds that will get your business further.

Create a Basic Prototype

Once you’ve learned how to bring your idea to life, you’ll need to come up with a prototype version. This basic version doesn’t need to have full functionality, but rather needs to deliver proof of concept. Once you know that you can create whatever it is you want to, you can start pursuing more complete development.

Raise Funds for Development and Production

To bring your idea to market, you’ll likely need more money than you already have, which means securing a loan or finding investors. Taking on investment partners can be a great way to raise money, but it also means sharing your profits with a larger pool of people. A loan, on the other hand, means qualifying and paying interest that will eat into your profit margin. A good third way is seeking out a peer-to-peer loan, which usually will have a somewhat lower interest rate than a traditional bank loan.

The journey to creating your tech product or service will be a long and hard one, but these steps will give you the basic framework for getting from here to there. Once you have your startup successfully running, you’ll be happy that you went to the effort.

Cover Image Credit: Pexels

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3 Awkward Personnel Situations Every Business Might Face This Year

Personnel problems are some of the trickiest to deal with in the business world so be sure to plan ahead.
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Personnel problems are some of the trickiest to deal with in the business world. You’re not just dealing with numbers—you’re dealing with people and all the attendant emotions they bring with them. As your business year continues, you are likely to run into a few awkward personnel situations. Below are three that tend to impact businesses across the world.

Inter-Office Relationships

While television and movies make inter-office relationships look fantastic, they’re actually a headache for anyone who runs a business. If you’re lucky, the people involved will keep everything very low-key and you’ll never be any the wiser. If you’re not, you can expect some real personnel issues to crop up. The best way to deal with these problems is to be equitable and to follow any protocols you have in place to the letter. Don’t become involved with these relationships on a personal level and make sure to keep a level head when dealing with any of the resulting problems.

Bringing in a New Generation

There’s a good chance that you’ll be bringing in a new generation of workers this year, and that’s going to mean changing the way you do things. Despite the doom and gloom forecast by most of the media when it comes to dealing with millennials, you won’t have to completely upend your business in order to cater to these new hires. You will, however, have to adapt to workers just as they adapt to you.

Many millennials pursue postgraduate education if they can manage it while working at the same time. For example, a hospital may hire a young nurse with an associate’s degree in nursing who wants to pursue further education. That employee can take an ADN to MSN program at the same time as working. The availability of online education makes hiring millennials a possible investment for greater future returns.

Dealing with Major Shifts

One way or another, your personnel needs are likely to change this year. You might have to deal with the pain of letting some of your best employees go, watch as one of your managers moves on to greener pastures, or have to hire a number of new workers quickly in order to fill vacancies. You can’t expect this year to be the same as last year, so don’t rest comfortably just because things are going well now. Start looking at your staffing needs early so you can put contingency plans in place.

You might also have to make major changes in your operations based on your employee demographics. It’s obvious that each generation or background your employees come from can change the way you have to run things. It can be tempting to attempt a one-size-fits-all approach, but research on leadership through multigenerational differences suggests that you may be better off playing to the strengths of each demographic individually. If you can draw out the best of your employees with a unique, and even personal, approach, your business will inevitably thrive.

The next year might bring some real changes to your workforce. Be prepared to deal with relationships, new hires, and wildly changing circumstances as the year goes by. The more you prepare, the better you will be able to weather the storms that are likely to come your way.

Cover Image Credit: Pixabay

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