Tips for protecting your unique ideas
Avoid these common IP-related mistakes to set yourself up for success.
1. Know your IP
Identify your IP assets. What sets your organisation apart from competitors? Understand what your IP is worth to understand if it's worth protecting.
2. Do your research
Research the market to understand your competitors and consumers. Ensure your ideas are new and don't infringe on existing IP rights.
3. Beware of publicity
It's important not to share your idea until your IP right is registered. Publishing your idea before it's protected may prevent you from claiming ownership of your IP.
4. Keep it confidential
If you must talk about your IP to others, use a non-disclosure agreement (NDA) to protect yourself. You can use our IP contract generator to create one for you.
5. Don't wait until it's too late
It's important to be sure of your IP before you register it to avoid costly mistakes. But, the longer your IP goes unprotected, the higher the risk of others adopting it.