It’s not enough to simply have an IP protection plan. As you put it into place, it is important to make sure that you revisit that plan, to ensure that it covers the current status of your company and what you are doing.
For example, filing for protections may not be the only step you take. If you’re talking to investors, potential contractors, or employees, you can start protecting your intellectual property by having them sign nondisclosure agreements. If you hire contractors, make sure that they assign your business the intellectual property that they’re creating for you. Also, make sure that any licenses or contractor agreements have, in fact, been signed. Revisit your plan and adjust it, depending on any changes to your business.
Because of the nature of startup companies, and business in general, parties often pivot from their original business plan to something new. For example, a company that started out providing data to businesses and consumers may ultimately decide to narrow its focus to a business-to-business model. In that case, you should make sure that things like trademark applications, or other potential IP protections, are applicable to that change in your business.
The takeaway is to ensure that your IP plan still applies, and is the most efficient one for protecting what your business is creating. To learn more about how I can help you and your business, contact me here.