Posts tagged Business Startup

Many viable startups are based on brand new inventions or clever innovations on existing products. In order to successfully morph your invention into a legitimate business venture, it is critical that you protect your idea. The United States Patent and Trademark Office handles all patent issues, from applying for to enforcing the protections. The process takes a lot of time, in most cases at least a year, so plan ahead if your startup relies on your invention being patented prior to launch.Protecting your idea requires more than just hiring a lawyer to apply for a patent. The process requires that you keep an inventor’s log – a hard copy, bound notebook that chronicles the path you took to inventing your product. This log, which must be created as you go, is critical as it is the only evidence you have of the timeline of your invention. You will also need detailed drawings of your invention that show every part and aspect of your product. While you can file for a patent without these formal drawings, you will have to submit them once you are approved, so it