Part 13: Budget for IP registration. Providing your startup idea is viable then as a responsible entrepreneur you should set up a budget for registering the various intellectual property rights relevant to your business. Key things to bear in mind when setting a budget: 1. IP rights can take years to register. 2. Factor in preliminary costs such as database…
Part 12: For many aspiring entrepreneurs, the principal focus when it comes to intellectual property is acquiring the corresponding intellectual property rights. Enforcing them is not a priority as it is hoped that the acquiring of a patent, trade mark or a portfolio of such rights will act as a deterrent factor to competitors looking to exploit their IP. However…
Part 11 Here’s a situation that I face on a regular basis when advising student and graduate entrepreneurs. “Joe, I would love to protect my logo and domain name by applying for a trade mark but unfortunately I don’t have the funds. Is there any other way of protecting my brand without having to spend upfront?” Yes there is, and…