How to protect your business idea
You have a great business idea and need time to bring it to fruition. In the meantime, you need to protect your business idea to ensure your future success. Failure at this stage to take reasonable steps to protect a business idea from competitors can result in loss of rights, even if you’re the original creator.
There are a number of ways to legally protect your business ideas. The best option for you will depend on the type of idea and what you want to do with it. Our team of experts will talk you through all the options so you can make an informed decision.
Intellectual property rights
‘Intellectual property’ is the term used to describe certain categories of rights acquired by businesses to protect their business interests. It can include patents, trade marks, copyright and other protections which reduces the risk of others making use of or profiting from your ideas.
Our team can assist you across all areas of intellectual property law, including:
- Registering your intellectual property (IP) portfolio
- Monitoring for infringements of your protected business ideas
- Enforcing IP ownership and taking down infringements
Next steps: get in touch
If you need legal advice about protecting your intellectual property, don’t delay contact our team of experts on: 0800 533 5349 or enquiries@mogersdrewett.com
Meet the team
Frequently asked questions
A copyright represents a collection of rights granted to an individual upon creation of an original work. A copyright grants the owner the right to assign, licence or transfer the copyright to others. Additionally, the power of copyright permits the owner to choose the way the public views your work.
A trademark is a word, phrase, symbol or design that identifies and distinguishes the source of goods. A service mark is a word, phrase, symbol or design that identifies or distinguishes a service’s source. Examples of trademarks include slogans, brand names, and brand logos. Acquiring the rights to a trademark does not require registration but does provide additional protections.
