Intellectual property can be one of the most valuable assets in your business.
You should assess what intellectual property you own and whether they are being protected. You should also consider the ownership of intellectual property from an asset protection perspective. We recommend that you consider holding your intellectual property in an asset holding entity and license it to the trading entity for risk management reasons.
Some examples of intellectual property include;
Logo's and Branding
Designs (Product and Branding Collateral)
Process and Systems such as Automation, Robotics etc.
There are many thing to consider in this process and speaking to one of our Business Law experts may help you protect your assets properly.