Trademark VS. LLC

Should I get a Trademark or an LLC?⠀
⠀
This is your most frequently asked question, so...⠀
⠀
Save it;⠀
Send it;⠀
or Act on it! ⠀
⠀
⠀
A Trademark ensures your legal ownership of your business name. (FYI, even if you: own the domain name, have the social media handle, registered your DBA, or filed your LLC - none of these secure *actual* legal ownership ). ⠀
⠀
Why do you want legal ownership?⠀
⠀
1. So that you make sure no one else owns the name before you start using it (potential for infringement lawsuit); and ⠀
2. So that you can stop others from using the name you legally own! ⠀
⠀
/on the other hand.../⠀
⠀
A Limited Liability Company (LLC) protects your personal assets in the event that your business is held liable for something. ⠀
⠀
*Business insurance is still a must, too - but business insurance won’t cover everything.*⠀
⠀
So the short answer: you should, in most situations, have both. ⠀
⠀
Which one should come first? Depends on the risks you’re trying to avoid. Assessing the potential risks are always important for your specific situation, so make sure you speak with an attorney! ⠀
⠀
*Disclaimer: This post is strictly for general informational purposes only and is not intended to constitute legal advice.