Can Businesses Have the Same Name in Different Industries?
If two businesses operate in different industries, they can have the same or similar names without much risk of confusion or competition.
Protecting Your Business Name
Importantly, proactively protect your business by registering for a trademark. Certain requirements must be met to avoid trademark infringement and determine the rightful owner of the name.
Consequences of Similar Business Names
Choosing a name too similar to a competitor’s can lead to accusations of infringement. This could result in the need to change your business name or face monetary damages.
How to Avoid Similar Business Names
- Choose unique names that are not already in use.
- Research thoroughly to ensure your chosen name is distinctive and resonates with your brand.
- Check public records of trademarks at the United States Patent and Trademark Office to avoid conflicts.
Naming Regulations and Considerations
- Two businesses cannot have the same DBA (Doing Business As) name in most states.
- Existing company name rules exist to prevent confusion and protect consumers.
- Proposed company names must be assessed for similarities with existing names by relevant authorities.
Trademark Protection and Business Names
Filing for a trademark can protect your business name, goods, and services at a national level, preventing others from using your trademarked names without authorization.