AB for Intellectual Property’s Post

Securing your business's future starts with protecting what's unique to you - your intellectual property. Offit Kurman, P.A. attorney Douglas Lineberry explains the four types of IP assets and how to shield them. No matter if you're a small startup or an established powerhouse, these tactics are integral to your growth strategy. Read more here: https://lnkd.in/ddyQbY7P #IntellectualProperty #BusinessGrowth #Innovation #OffitKurman

If you're a startup founder, you need to know these 2 things about patents: 1. Patents shouldn't be your priority. 2. Patents should be a part of your strategy. Why? Because filing a patent is expensive. It also takes time, and it's a long, drawn-out process. But, if you don't file a patent, you risk someone else stealing your idea. So, what's the solution? Develop a patent strategy. - Focus on building a strong business foundation - Look at patents as a part of your strategy, not as your priority - Know your competition and market - Work with a patent attorney to file strong patents By following these tips, you can protect your ideas and build a successful business.

Today, Justin McNaughton 🗡️and I discuss THE most common type of intellectual property claim. If you own a startup, are a new business owner, of if you are in marketing for businesses, you will want to check this out as you could be on the receiving end of a demand letter if you do not have proper intellectual property protection for your use of a particular mark. Let us know your thoughts. #intellectualproperty #trademark #infringement #TheWorkplaceLawfirm

I recently wrote an article for Crain’s Chicago Business (link in comment) in which I highlighted the importance of Intellectual Property (IP) for start ups and small businesses. It has been my experience that small businesses dont pay attention to IP strategy. In Illionis alone just 9% of small business are actively seeking IP protection. Owing IPR indicates a strong signaling that demonstartes innovation, creates barriers to entry, increases company valuation, and if required can be used a collateral for financing. If you are a small business, my advise is to start small; identify your unique differentation and see if they qualify for protection. It is crucial to treat IP protection as an essential business investment, not an optional expense. The Polsky Center in the University of Chicago helps small businesses, in the Chicago area, with their entrepreneurial journey and IP protection. Look us up.

Patents are for more than suing infringers. Other than enforcement, I've seen patents used for: Blocking. Stopping a competitor from running with your idea. Licensing. Getting a competitor to pay you if they want to run with your idea. Financing. Use as collateral for business financing. Press appearances. Getting a patent is always a great opportunity to show strength with a press release. Grant qualification. Evidence of research output to gain eligibility for grants. Valuation. Increasing a valuation/multiplier when getting ready to take on new investment or at acquisition. You could say they're pretty versatile. But they still have to make sense for your business. That's why it still comes back to making sure your IP strategy fits your business strategy. Always. -------------------------------------- ⚡️ I help growing startups build and monetize strategic patent portfolios. Follow for more #innovation, #technology, and #entrepreneur #law stories & #tips!

Good morning business owners, A beautiful new month has dawned, bringing with it fresh opportunities and the perfect moment to elevate your business. As September unfolds, it’s the ideal time to take that crucial step toward formalizing your venture by beginning the registration process. Whether you’re a startup looking to gain credibility or an established business seeking to expand, securing your registration is a vital upgrade that will open doors to numerous benefits, including access to funding, business contracts, and legal protections. Don’t let this month pass without making significant strides toward securing the future of your business. Starting the registration process now not only positions you for greater success but also ensures that you’re operating within the legal framework, which can be a game-changer in your industry. Let this be the month where your business moves from just a vision to a fully recognized and thriving entity. Contact us to start the process today. 08038884115 #faithiescacregistration #cacagent

What mistakes have you made as a founder? Starting your business with a very low price could be a mistake. Chinmay had made this mistake and learned from it He has advice for anyone who is starting a technology services business. #ExporterStories #FounderMistakes

💼🔍 Was it all glitter and gold when you registered your business? Let's break down the nuggets of truth nobody gives you about the hidden costs of business registration: 🔹 Startup Expenses: It's not just ink on paper, folks! Legal fees, advertising, equipment, perhaps 🤔. 🔸 Ongoing Costs: License renewals, compliance regulations, audits can sneak up and bite you.💸 #RealityCheck 🔹 Time Cost: Registering a business isn't a hop, skip and jump. It's a marathon! Time = money, amigo!🏃♂️⏲️ #HustleHarder Stay savvy with these hidden gotchas. Remember: Where there's a cost, there's a corner to turn. 💪🚀 Embrace the challenge and morph it into opportunity! 👊🎯 This isn't professional advice. Everyone's situation is unique, so consult the right professionals for your specific needs.

Unlock the Secrets of Intellectual Property. Join us for the upcoming webinar, focused on all the essentials of IP protection you need to know for your product and business. This webinar is perfect for innovators and entrepreneurs. Date: Jan 18th, 12pm MT / 2pm ET Register now to secure your spot: https://lnkd.in/gZGBYW7a #IntellectualProperty #ProductDevelopment #Hardware #Entrepreneur #Innovation #Webinar

I'm thrilled to share that I'll be launching a blog series focused on Intellectual Property (IP)! Aimed at entrepreneurs, creatives, and anyone interested in the power of IP, this series will dive into key concepts, practical guides, and strategic insights to navigate the IP landscape effectively. What You Can Expect: -Simplified explanations of complex IP concepts. -Actionable advice and best practices. -Strategies to leverage IP for innovation and competitive advantage. Stay tuned for the launch and get ready to empower your projects and businesses with essential IP knowledge. #IntellectualProperty #IPRights #PatentProtection #CopyrightLaw #TrademarkTips #SWC