What Happens If You Ignore Your Intellectual Property Before Selling Your Business

President Donald Trump’s policies are predicted to increase business acquisitions. Factors contributing to this trend include pent-up demand from past regulatory environments, potential reductions in regulations and taxes, and favorable conditions if interest rates decline. Business owners should prepare for selling by making their businesses attractive and addressing any issues that might concern buyers, such as intellectual property matters. Regularly assessing and updating intellectual property (IP) portfolios is crucial, as IP has gained significant value over the years. 

Trademarks, patents, copyrights, and trade secrets serve as protections that enhance business value. Buyers often prioritize well-known trademarks and robust patent portfolios, as these can assure competitive advantages and revenue opportunities. The risk of unprotected IP can derail sales; unregistered trademarks or contested ownership of software can cause deals to fall through. Conducting an inventory and ensuring IP is well-organized and protected is essential for business owners, even for those not currently looking to sell.

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