Products

Products Liability

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Products liability is the liability you or your business may have if your product injures the consumers. Whether you sell the product directly to the consumer or not, you may still be held accountable. It is important to under stand products liability and how it may potentially affect your business SUMMARY Before picking your product … Read more

How To Use Your Patents

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Having patents will add value to your business, however, knowing how to use your patents will provided even more value. As most social media people say “passive income.” Using your patent is a businesses form of “passive income.” SUMMARY Know the value of your idea. Everyone wants to use your idea… license it to them, … Read more

Design Patent Business Consideration

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Now that there are a lot more e-commerce businesses, there is a lot more competition for each product. Most new businesses are looking for the popular product and trying to create one similar to it. In addition, they may want to design a product similar to a popular brand as an easy way for the product gain popularity off the backs of those designs that are already popular. Thus, it will be important to have an understanding of general design patent business considerations.

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Utility Patent Business Considerations

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As you build your business, I hope you pay particular attention to the utility patent business considerations. Utility patents may be the one of the most important things you will need for your business. This will help you control a new market that you are developing. SUMMARY Increasing the value of your business Don’t allow … Read more

Product Choice Considerations

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This article discussing some product choice considerations. Are you having trouble deciding whether to start with drop shipping, OEM, or ODM? SUMMARY Drop shipping is relatively cheap as the business will be the middleman and have no products. See Drop Shipping Pros and Cons. OEM products may require the business to hold inventory and purchase … Read more

Intellectual Property

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There are four main types of intellectual property that may apply to your products: Patent Trademark Copyright Trade Secret This will be very important to think about as your create and design your product. If done early in your product life-cycle, it will greatly improve the value of your business. PATENTS A patent is a … Read more

Counterfeit Product Prevention

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Depending where you get your products, it will be important to prevent other parties from copying your products. Prevention will depend on a few factors including the difficulty to create the product and protection to keep your product secret. PRODUCT TYPE It is always important to prevent counterfeit products. There are some products that may … Read more

Submit a Takedown Notice

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Many online platforms now allow intellectual property right owners to submit take-down notices. The owner may submit a take-down notice for the platform to review if the owner believes their intellectual property right is being infringed by another person on the platform. After review, the platform will decide whether to remove the alleged infringing item. … Read more