Tips for Effectively Patenting Your Business – Klinck LLC

Tips for Effectively Patenting Your Business

Time and time again, innovative ideas have been mimicked or stolen. Unfortunately, this type of thievery can happen if you are not protecting your business or idea. Patenting your idea is the best proactive action you can take. Although you cannot patent a business idea, such as a niche online store for example, you can patent your method of doing business.

Beginning the Patent Application Process

Patents are diverse and if you do not properly complete the process for obtaining one, you may spend more time and money on your patent than you would like. You will also, more importantly, be losing your valuable ideas. If you are certain that your idea falls in the requirements to apply for a patent, and you have checked that there are no other previously filed patents, then you can proceed with filing your patent.

Describing Your Patent Idea

When you are applying for a patent it is essential to provide the type of invention it is. Since a requirement of a patent is that it be an original idea, you will be asked to provide a well written and detailed description of it to ensure its unique nature. You might also be required to submit drawings or renderings.

Show Potential Benefits of Your Idea

One of the most critical tips for managing your patent and the potential resulting assets of it is to have an activity in place to identify substantial technological advances from the outset of the process.

Maintaining and Proving Originality

When you are looking to protect your idea with a patent, it is important that the specifics of your invention not be shared publicly before you submit your application for the patent. Keeping your idea under wraps helps to assure the originality of the invention and idea behind it, which is an essential requirement of obtaining a patent.

Know Your Strengths and Liabilities

Two key skills for seeking and obtaining a patent are paying attention to your strengths and knowing your restrictions. Engage outside resources as needed instead of diverting crucial time, effort and money in attempting to accomplish everything on your own. In order to effectively secure a new invention and make it a successful outcome, there are a lot of skills that need to be brought to bear, and many risks to be avoided.

For more information on obtaining a patent for your original idea or innovation, contact us today.

About the Author

I’m a lawyer and entrepreneur based in Washington, DC. My legal practice focuses on helping innovators, entrepreneurs, and startups navigate intellectual property issues. My books about IP Law are available for sale on Amazon.

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