EVERY BUSINESS OWNS IP: YOU JUST NEED TO KNOW WHAT YOU HAVE AND WHETHER IT’S VALUABLE.
Every business creates and owns intellectual property (IP). A key task is therefore to identify what IP your business owns, what it may be worth and how it can be put to effective use to gain a competitive edge. What’s more, IP can have a real value, which if not identified, could result in your business being seriously undervalued.
At Hutchinson IP, we can conduct IP audits and/or advise you on how to keep track of the IP that you are creating and how to exploit it effectively. We can work with you to develop an overall IP strategy that maximises value and reduces stress. We can also help you to set up internal systems for effectively identifying which IP could benefit from being protected.
Our IP Audit service involves spending time at your business, working with your staff and getting to know your products and processes in detail. We will prepare a report that summarises your business’ IP position and which identifies key areas where it may be in your commercial interests to obtain IP protection and/or to attack the IP of your competitors. Working in-house, we will help you to set up systems to “harvest” the IP that your business is creating and will deliver a “crash course” on IP so that your key staff are better able to identify potential IP issues and to equip them with the necessary skills and knowledge to know when to seek professional advice.
Our IP Audits are performed on a fixed-fee consultancy basis and are of a scope and duration appropriate to your requirements. Please contact us for further information regarding IP audits and advice regarding IP strategies.