Intellectual Property Law Questions Answered

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What Is Goodwill and Why Should It Be Protected?

Key Takeaways Regarding Goodwill

  • Goodwill is the quality or characteristics of your goods or services that keep your customers coming back.

  • For your trademark to function properly, those qualities and characteristics must be consistent

  • By protecting your trademarks, you are protecting the reputation that brings your customers back to purchase your products over those of your competitors.

Read about the significance of building and protecting goodwill.