Most companies have trade secrets that they use for their business advantage. A trade secret is critical to a business’s value and competitiveness, whether a recipe, formula, process, or algorithm. A business needs to keep its trade secrets secure to remain competitive. What happens if someone gets their hands on a trade secret and starts using it? Are trade...
Your business’s intellectual property (IP) can be its most valuable asset. Customers buy your patented gadget because it is one of a kind. Buyers look for your trademarked logo because they trust your products to be high quality. Or maybe you create books or music or video games, in which case your copyrights are vital to your financial success....
Can Two Business or Products Have the Same Name? You’ve come up with a clever name for your product or business and run a Google search on it, and there’s another product or business with the same name, or a very close one, in another state. But they haven’t registered the trademark with the U.S. Patent & Trademark Office....
A trade secret is a form of intellectual property. As the name implies, it is ‘secret’ information that gives a business a competitive advantage. Trade secrets can come in a wide range of different forms. Some of the most common examples include formulas, practices, designs, patterns, processes, commercial methods, and any combination of the above. Trade secrets are protected...
According to the most recent data published by the United States Patent and Trademark Office (USPTO), there are more than 600,000 patent applications filed every year. For many businesses in Florida, patents are a key part of their overall assets. When patent rights are infringed upon, it can cause tremendous financial damage to the business — companies need to...
Just because an image is on Google doesn’t mean you can use it on your website or in other marketing materials You need images for your website and other projects, such as brochures, reports, presentations, social media and so on. But original and even stock photography can be expensive. If you’re tempted to just download what you need from...