Simple Tip Number Four:

Protect your intellectual Property

Protecting Your Company's Intellectual Property

Last time, I mentioned that merely filing your corporation/limited liability name with the Idaho Secretary of State is not enough.   You want to protect that name as much as possible.  Naturally, before you select the name, you want to research name availability, not just in Idaho but elsewhere.  There are simple forms you can file at the Idaho Secretary of State that can provide modest/partial in state protection. 

In the last 25 years, “intellectual property” has greatly expanded. 

  1. Patents
  2. Copyrights
  3. Trademarks
  4. Trade Secrets
  5. License Agreements
  6. Non-Disclosure Agreements
  7. Confidentiality Agreements
  8. Non-Competition Agreements

For your protection, most business/corporate lawyers know when to spot these issues for you. Many of us can help with your non-disclosure agreements, trade secret agreements, and non-competition agreements.  Yet because intellectual property is such an acute legal specialty, for the other concerns such as patents, copyrights, trademarks, and license agreements, you will likely require the additional advice of a competent intellectual property attorney specialist.

NEXT TIME, Financing your company.

COMING LATER!!  The one sentence question that will help guide you in almost all your business pursuits! Stay tuned.