When Should Entrepreneurs Engage IP Professionals?
Entrepreneurs should consider engaging IP professionals at various stages of their business development:
1. Pre-Launch: Before launching a product or service, to ensure all potential IP is identified and protected. 2. Growth Phase: As the business grows, to manage an expanding portfolio of IP assets and ensure continued protection. 3. Exit Strategy: When preparing for a sale or merger, to make sure all IP is correctly valued and transferred.