Why would I pay for your business when you’ve already given it to me? The importance of a well-crafted Confidentiality Agreement in sale negotiations

In the excitement of fielding potential buyers for their business, many business owners often neglect to take the requisite precautions to safeguard their important Intellectual Property (IP), goodwill and trade secrets. Blinded by the prospect of a windfall, many rush in and disclose the nature of their operations and key drivers of their profitability without [...]

2018-11-14T06:09:51+00:00November 14th, 2018|Business Advice, Contracts, Corporate Advisory, Intellectual Property|Comments Off on Why would I pay for your business when you’ve already given it to me? The importance of a well-crafted Confidentiality Agreement in sale negotiations

Who Owns the Business Name – A Lesson for Business

The art deco doors of the Paragon café remained open throughout two world wars, three transfers of business and multiple financial crises. Now, despite purchase offers in multiples of the owner's asking price, the business's 102 years of operation is set for a tragic end. What/who could be responsible for the death of such a [...]

Intellectual Property and Meta Tags; Three Lessons for Businesses

Suppose you totter home from a boozy night only to discover that you have lost your keys. Equipped with a smartphone, you Google the words “24/7 locksmith”. The search yields a list of locksmiths all eager for your business. According to rudimentary statistics, you have a 33% chance of clicking the first listed site, a [...]

Design Registration

A recent boom in the sports apparel market has seen leading companies register a range of designs with IP Australia in an effort to better protect their intellectual property rights. As IP Australia have usefully summarised, design registration is intended to protect designs which have an industrial or commercial use. A design refers to the features [...]

2017-06-26T03:54:08+00:00May 15th, 2017|Intellectual Property, Trademarks|11 Comments