Every Friday, I answer your small business questions in a video blog segment called Ask Small Biz Lady. This week, we are taking on the question: How Do I Protect My Intellectual Property?Click this link for the full video response: Ask Small Biz Lady About Protecting Intellectual Property
Here’s a quick summary:
- Use a non-disclosure and confidentiality agreements for anyone you are sharing your ideas within business or investor meetings.
- Be sure to use non-compete agreements with your staff and collaborators.
- Be careful not to disclose proprietary information in your business plan.
- The realty is even if someone signs the non-disclosure/non-compete agreement, it’s only as
- good as the money you have to pursue legal action if someone steals your intellectual property
- or goes into a business just like yours.
Bottom-line: Build your brand as big as you can, so that someone would be afraid to swipe your
big idea.
If you have a question for Melinda Emerson, Small Biz Lady, leave a comment on this
blog using the contact us page or send me a note on Twitter @smallbizlady, on Facebook
at www.facebook.com/smallbizlady or you can hit me up on www.linkedin.com/in/
melindaemerson. I’m always here as a resource.
Great article(s). Thanks.