Tag Archive for 'copyright'

Small business intellectual property (IP)

Intellectual property (IP) is one of the most important issues most small business owners need to become more knowledgeable about; especially with regard to their own IP.

Most of us think of IP as just patents, and since few of us are inventors, we think the IP world is for others. But ALL small businesses create IP on a regular basis. If you’ve developed a system for managing your customers, or a delivery scheme, both are good examples of small business intellectual property. You’re not likely to patent those, but you should recognize that they are your assets and protect them as another kind of IP, a trade secret. Think of the Colonel’s 11 herbs and spices, or the formula for Coke. After all these years, both are still trade secrets.

Copyright are another great example of small business IP. You create information every year that should be copyrighted by your company and protected.

Today we learned more about IP, especially copyrights, with David Dawsey, IP attorney from Gallagher & Dawsey Co., LPA (we used to call them patent attorneys) and outstanding member of my Brain Trust. I hope you ‘ll take a few minutes to listen to what David taught us about small business IP. If you’re leveraging intellectual property in your small business, be sure to leave a comment.




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