Could your business have hidden or potential assets?
We can help you find out.
Many businesses fail to recognise and protect their less obvious IP rights, such as marketing tools like shapes, aspects of packaging and corporate colours etc. Every business has the potential to add value through the proper management of its intellectual property.
What is an IP audit?
We can help you identify your intellectual property with an IP audit – this is a comprehensive analysis of a company’s IP assets. We will examine your main areas of intellectual property – brands, designs, copyright, patentable inventions and know-how – and produce a written report, itemising our findings and outlining our recommendations as to what action could be taken in order to maximise its value.
Once identified and documented by an IP audit, your IP assets can then be put to work in the following ways:
- They can be protected to ensure that their future value as an asset is safeguarded, maintaining the competitve edge for your business.
- They can be brought to account on a balance sheet, thereby boosting the net worth of your business.
- They can be used to produce a valuable revenue stream, increasing the profitability of your business through licensing, selling them or raising finance against them.
Our IP audit report will provide you with a full review of your existing portfolio of IP rights and offer advice on its strengths and weaknesses. For more information about this service, please contact us.