Practical tips on navigating the patent process

Tips on the patent process

Starting your own business isn’t plain sailing. It throws lots of new challenges at us, each with their good, bad and ugly dimensions. And registering a patent is no different.

A lot of inventors with incredible ideas have fallen along the wayside, simply because they didn’t invest the time needed to successfully navigate the patent system.

Make a mistake at this point and you could end up doing all the hard work only for someone else to exploit later down the line. So if you want to protect your business idea or invention, you need to take the patent process seriously. (more…)

Thinking of exporting to Asia? Here are 7 common pitfalls to guard against

Tips to succeed with exporting to Asia

UK exports to Asia are now worth 18% of the UK export market – that’s £98.6 billion. China is now the eighth largest export market for the UK – with India and Singapore being among the UK’s largest trading partners in the commonwealth.

Trading to Asia offers an entirely new world of possibility for UK businesses to export their products and to build a global brand – and with Brexit fast approaching and the future of British trading unclear, exporting to Asia is becoming increasingly popular. (more…)

What is a confidentiality agreement or ‘NDA’ and when might a small business use one?

Picture the scene. You’ve spent years developing an amazing new product, the likes of which has never been seen before.

It will truly revolutionise the market and give your competitors many sleepless nights of agonising worry.

But it all depends on you shocking the world by announcing your new product at the annual trade fair. If word gets out before, it will ruin all your hard work and give your competitors a head start.
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Guide to Intellectual Property Insurance for Start-Ups and Small Businesses

advice on buying IP insurance

As much as 80% of business value is now made up of intangible assets such as Intellectual Property. In fact, we are in the epicentre of an IP revolution – with more start ups emerging, creating and innovating in ways only once dreamed of.

Best practice dictates that businesses need to protect their innovation – typically done by applying for patents, trademarks or designs. However, the battle to protect their most valuable asset unfortunately does not stop there. (more…)

Intellectual Property – A summary of IP law for small businesses

As a small business owner, you’ve probably heard of the phrase “Intellectual Property”, or IP as it’s commonly referred to. But studies show that despite knowing what Intellectual Property is, many small businesses assume that protecting their Intellectual Property is only something that larger, well-known businesses need to worry about.

The fact is that IP protection is something that many start-ups and small businesses can benefit from considering early on, because without the right protection businesses could lose some of their most valuable assets.

To help you get to grips with the subject, this guide looks at some of the key intellectual property rights small business owners need to know about.
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The importance of a trade mark if you’re selling online

Before online shopping became the norm, fake goods were widespread but because you could see and feel the products before buying them you were able to ascertain their providence (or at least try to).  This is not the case anymore.  Anyone can sell on eBay or Amazon, for instance, and pass off fake goods as the real thing.

Companies selling online without a registered trade mark are therefore at a high risk of unscrupulous competitors stealing their identity to sell counterfeit products. (more…)