Protecting And Profiting From Your Intellectual Property

Your intellectual property is what sets you apart from your competitors. In today's service-based knowledge economy, your IP is likely your most valuable asset. It is the result of the time and energy that you have put into your business and what makes it so remarkable.

A strategy for protecting your intellectual property is a basic requirement for any successful small business. This includes trademarks, copyrights and the agreements required to share and protect them.

When you have identified a piece of intellectual property that you want to protect, you need experienced legal guidance to help you protect your intellectual property rights under copyright and trademark laws.

At the Law Office of Sam J. Saad III, our attorneys will advise you on the intricacies of Florida and federal law when developing your own trademarks, copyrights and licensing agreements. We will help you fill out the state and federal forms required to secure your rights, navigate the bureaucracies, and craft customized user and licensing agreements. With our help, you will have peace of mind when sharing your ideas with others, and you will be able to negotiate terms of the use of your intellectual property by others from a strong position of authority.

Trademarks And Service Marks

Trademarks and service marks are two tools that a business can use to protect the goods and services it offers so that they cannot be duplicated by competitors.

  • A trademark is a word, phrase, symbol and/or design that identifies and distinguishes the source of the goods of one party from those of others.
  • A service mark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of a service rather than goods.

The term "trademark" is often used to refer to both trademarks and service marks.

You may want to trademark your logo or brand, signage, stamp, symbol, badge, crest, monogram, etc. You may use any or all of these to illustrate the source of the goods trademarked.

The process of filing a trademark or service mark registration can be prolonged and confusing. Hiring an attorney experienced in filing trademarks with the U.S. Patent and Trademark Office or the Florida secretary of state will help you to achieve an approved mark as soon as possible.

The Importance Of Copyrights

Every business must be protected against copyright infringement and misappropriation by establishing formal copyrights with a lawyer. Whether you sell books, music, software, consumer goods, industrial products, financial products, business services or consumer services, you have intellectual property that should have formalized copyright protection to ensure your business, its products and its services are not compromised.

If your copyright is infringed or misappropriated, we can discuss appropriate legal measures to halt the illegal actions and pursue fair compensation under copyright law.

Licensing Agreements To Enhance IP Value

When you have established a trademark, service mark or copyright for your business, you will want to add value to it by sharing it with others. To do this and protect your intellectual property rights, it will be essential to establish a carefully tailored license, end user, reseller and/or distributor agreements.

Misappropriated intellectual property is often concealed by perpetrators until maximum value has been obtained, at which point significant damage may have been caused to your business. It is important to monitor the use of your IP and ensure all licensing agreements are lock tight.

Please call us today about the importance of intellectual property protection to your business. We are available in Naples and the Ft. Myers area at 239-963-8999 and by email to schedule free 30-minute initial consultations with our lawyers.

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