Far too many businesses make the mistake of under-valuing their most valuable assets, their intellectual property or IP. Patents, trademarks and service marks, copyrights, trade secrets, brands, authorship, and technology and know-how are what sets your business apart from all other businesses. Any competitor can build a building just like your building or manufacture products just like your products. But NO business can use your intellectual assets. Or, at least, use them and get away with it!
How do we know that a business’s intellectual property is its most valuable assets? Here is just one of many examples. In 2013, Nortel Networks Corporation, a major Canadian telecommunications and networking manufacturer, filed for bankruptcy and the business was liquidated. The company’s patents were sold off first, then each of the operating units were sold. The patents generated more revenue than all of the operating companies combined!
IP Consulting LLC helps businesses better manage, better utilize and better exploit their intellectual property. We help our clients produce the highest possible return on their most valuable assets.
When you are ready to get serious about your intellectual property – your most valuable assets – give us a call or shoot us an email.
Ruben Andino - El Faro Apostolico de Brooklyn