Category: Intellectual Property
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How Does Patent Work for Small to Mid-size Business?
Patent is an intellectual property right, which is not aimed to boost the economy but intended to advance science and technology. So, many business-minded people will struggle with the basic concept of patent and how it should be used for their business. On the other hand, patent is recognized as the most reliable and strong…
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Value of a patent: the cost-benefit analysis
Will your patent justify your time and money? This is where you can benefit from a consultation to a patent attorney who understands your technology and has your best interest in mind. The truth is virtually anything can be patented … if you don’t mind what is claimed in the patent. In other words, you sufficiently narrow the scope…
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Why you need a patent?
Getting a patent is not like having a trademark registered. If you started using a name, logo, image, or even a sequence of musical notes as a symbol that stands for your product or service, you already have a trademark. Trademark registration is a way to give an affirmative notice to the public that you are using the mark. The registration offers some perks, which are…
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How much does a trademark registration REALLY cost?
Above is a cumulative showing of trademark fees (government fees only). Assuming you use your trademark for a single type (category) of product/service, an online application fee can cost as low as $225, plus a $125 one-time maintenance fee after 5 years of use and $425 every 10 years. Total $1,200 over 20+ years? Not much right? This calculation doesn’t include…
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Tax forms are complex and lengthy, but they can’t go south.
Federal trademark registration has become a standard practice for many reasons including (1) it’s inexpensive (as low as $225 to apply online); (2) due to the internet, no one does business in a single state; and (3) branding becomes crucial to even small businesses. And if I add one more to the list, it’s fairly easy.…