Intellectual property (IP) rights can be a business’ most valuable asset. For example, Forbes reported that while Disney’s 2013 hit Frozen grossed US$1.3 billion at the box office, the licensing of the IP rights accumulated US$107.2 billion in retail sales. Lucasfilm’s astute decision to retain the IP licensing rights for consumer products for the first six Star Wars films [...]
When selling or purchasing a business, most spend their time on tangible assets, such as business premises and land. However, a company's intangible assets, such as intellectual property, licencing arrangements, and trade secrets, can be precious and vital to a commercial transaction. When selling or purchasing intellectual property, it is vital to: • Identify [...]
Intellectual property (IP) is a business asset. It can and should be valued and make sure you speak to your accountant about claiming as a tax deduction. It is important to know the market you are operating in and what businesses around you are doing, so that you can stand out from them. Businesses consider [...]
The new year is upon us and, as is the case with many business owners returning to the office, the perspective provided by some sunshine and time away prompts a fervour of enthusiasm for new projects or maybe some action on long-delayed but necessary house-keeping. Often the focus is on securing new talent and resources [...]
