SMB CEOs: Here are 10 Key Aspects of Intellectual Property Rights you Should Know About

Intellectual property (IP) rights are critical in protecting small firms’ unique ideas, innovations, and creative works. Small business owners who understand and protect their intellectual property can prevent unlawful use or exploitation by others, maintain a competitive advantage, and secure the value they have generated.

Copyright

In this post, we will look at some of the most important components of intellectual property rights that small business owners should be aware of.

1. Patents

A patent grants exclusive rights to inventors for their inventions, providing protection against others making, using, or selling the invention without permission. Small businesses can seek patents for innovative products, processes, or technologies that are novel, non-obvious, and have utility.…

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Here’s What You Need to Know About Trademarking Your Company Name

If you’re a small business owner or entrepreneur, you probably don’t need to be told how important it is to protect your company name and logo. The hit to your business if some other company started using your name or logo could be substantial. Trademarking your company’s name and logo is one of the best things you can do to protect your intellectual property from infringement.

Brand

You can use the trademark (TM) logo without having a registered trademark, but registering your mark is what gives you the right to take intellectual property infringers to court. You should trademark your company’s name at the same time as or soon after you file for incorporation.…

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