The world today is filled with businesses, and in order for them to be successful, they depend on a wide range of intellectual assets including such items as patents, trademarks, copyrights, trade secrets, and know-how. It is very important for the companies to protect their intellectual properties (IP’s). in this article, we are going to take a look at the advantages of protecting intellectual property.
Enhance the market value of your business
Intellectual properties can be a great source of income for any business, and especially if they are licensed, or though sale and commercialization. This is something that can boost their market shares and increase their profits.
Turn ideas into profit-making assets
When used the right way, intellectual property can be used to turn ideas into profitable products or services. This is one of the reasons why it is important to license patents and copyrights. This could be the key to steady royalties.
Market your business’ products and services
When creating the images of businesses, intellectual properties are essential since they differentiate the products and services from others in the market, and they are easier to market.
Access or raise finance for your business
People or businesses can have access to finance by monetizing the intellectual property; this can be done through selling it, licensing, or using it as collateral for financing. They can be very helpful when applying for government funding such as grants or loans.
Enhance export opportunities for your business
When a company has intellectual property, they are more competitive, even in the export market.
Rogers DVS LLC
There are many instances when people or other companies can try and steal or use your intellectual property without your authorization. In such instances, you are most likely to file suits against them, seeking to stop them, and also have them compensate you. Not only do they assist in IP damages, they also handle patent, trademark, royalty audits, and copyright damages, business valuation, and trade secrets. Below are some of the designations that Graham Rogers, one of the founding members of Rogers DVS has earned:
- Accredited Senior Appraiser (ASA)
- Certified Licensing Professional (CLP)
- Certified Valuation Specialist (MRICS CVS)
Rogers DVS is led by Graham Rogers, and it specializes in damages expert witness and consultancy, specializing in IP and Business Valuation, Fraud & Forensics, IP Damages and more. This is your one stop shop if you want the best for your business and intellectual property, since they offer personalized attention, service and real experience on your side.
Your intellectual property could be the key to the next big financial step Fr. your business. Many people or companies don’t really know the importance of securing their intellectual properties, but having looked at the article above, you will realize that it can have more benefits than not securing. There are many people or companies that will try and steal that intellectual property from you, and especially if it is profitable, and that is where companies like Rogers DVS come in.