A granted patent can halve your corporation tax through the Patent Box scheme
You don't need to be the sole retailer of patented products - licensing strategies can be used to effectively increase your business income
Reassure potential investors that competitors may be deterred from attempting to produce copycat products with patent protected and defendable products
Having put in the time and effort to design, invent or create something new, protect your market share by being able to take action against infringing products or designs
Increase business valuation as part of a short term or long term exit strategy
An Intellectual Property audit identifies existing and potential IP assets. The value of a company’s IP can be undervalued and sometimes overlooked altogether.
In addition to identifying assets, an IP audit report may also identify risks and include advice on protecting your IP.
Most businesses will own some form of IP, regardless of the sector they operate in.
Types of IP could include;
An Intellectual Property audit could include;
The scope of the audit will depend on your needs as a business.
The UK Intellectual Property Office is offering grants for SME's to have an IP Audit carried out by an IP professional. These audits typically cost £3000 with the grant covering £2500 and the further £500 contributed by you.
Lucidity IP