Protecting your IP for the cost of a cup of coffee!

02 May 2017 02 May 2017 (a) 02 May 2017 (b)

Protecting your IP for the cost of a cup of coffee!

Research by Buddy Loans carried out in 2015 revealed that Brits are spending up to £663.00 annually per person on drinking coffee!

https://www.buddyloans.com/blog/how-much-is-your-coffee-addiction-costing-you/

So this got me thinking, if an aspiring entrepreneur was to forsake his coffee habit for a year what could he do to protect his IP with the money saved? He could do ALOT.

Options would include a professionally drafted:

1. Non-disclosure agreement with which to protect his invention prior to applying for a patent.

2. Copyright policy with which to protect his website content.

3. Letter before action; if a third party attempted to use his goodwill and reputation (e.g. his logo) without his consent.

So if you are serious about making it as an entrepreneur, give Starbucks, Costa et al a miss!!

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