Protecting Intellectual Property
If you are introducing new concepts and products to the market, you need to protect intellectual property through the use of trademarks, patents, and copyrights. Intellectual property that is registered with the “U.S. Patent and Trademark Office” will ensure that you retain the power of exclusivity. This means that you will be distinguished from your competitors and have the opportunity to maximize your profits. Copyrights offer you the right to utilize original works like musical recordings, books, photographs, and computer software. Once you create these works, they are protected but further registering them with Copyright offices gives you the right to sue for infringement. Intellectual property registration is crucial to avoid infringing on the rights of other corporations or being infringed upon.