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Intellectual PropertyProduct DevelopmentProduct Name
And hiring an intellectualproperty attorney may seem like a budget dealbreaker. Ideally, the trademark registration process should begin as soon as you’ve narrowed down a selection of possible marks, including business or productnames, logos , and slogans. Approaching the trademark registration process can be daunting.
Although this measure provides the encouragement and moral support a new businessperson needs, it often does not provide sufficient money to cover the expensive tasks of productdevelopment, set-up of operations and initial payrolls. Protecting Your IntellectualProperty. The Risk of Legal Liability.
If you do have competition, pay special attention to your productname, price range, materials used, what the product claims to do, packaging, and who the manufacturer is. Patent and Trademark Office (USPTO) is a great resource to help you learn more about intellectualproperty. Patent Search. A benefit statement.
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