How Do I License the Rights to My Federally Registered Trademark?

If you plan on selling franchises in New York, you will probably want to license the rights to your federally registered trademarks. By licensing these rights, you will allow your franchisees to use your trademarks in connection with their goods and services. To draft your trademark licensing agreement, you can get the professional help of a New York business lawyer.

When you write your licensing agreement, you can also establish the terms of use for your federally registered trademarks. For instance, you can prohibit the use of your trademark in some business practices, while mandating their use in others. This will allow you to maintain complete control over your federally registered trademark.

If, however, a business franchisee violates the terms of your licensing agreement, you may take legal action in response to the violation. For instance, if a franchise uses your business name to sell unauthorized products or services, this may result in a violation of your licensing agreement. Therefore, your response may be to file a trademark infringement lawsuit.

To file a lawsuit, you have the option of seeking the help of a New York business lawyer. A lawyer may do what it takes to protect your federally registered trademark.

When launching a business or franchise in New York, it is important to understand the relationship between your trademark value and goodwill. Visit our article library to read more about this topic. 

If you are an entrepreneur who is interested in franchising your business, there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your Federal Disclosure Documents (FDD). For a limited time, get New York franchise attorney Charles N. Internicola, Esq's franchise law report to determine whether or not your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs in franchising their business nationwide.