Business owners in Florida are rightfully concerned about the security of their intellectual property. This includes trade secrets, copyrights, trademarks and patents. These are items that business owners have worked very hard to develop. When they are threatened, legal action is a natural recourse.
The main types of intellectual property
Copyright infringement is one of the leading causes of business litigation. This is the kind of activity that is very easy to commit if you aren’t paying full attention to what you are doing. The main types of intellectual property are trademarks, patents, copyrights, and trade secrets. Once registered as someone’s property, they come under full legal protection.
You can avoid a copyright infringement strike by simply keeping your own branding fully separate and distinct from everyone else’s. If you have to use someone else’s material, make sure to get their fully documented permission. This will help to save you a great deal of legal and financial trouble.
Why copyright infringement is a serious matter
Intellectual property is an intangible asset that can be very valuable. A business owner may have worked for years to build up a unique reputation. As a result, they will not look kindly on someone who appears from nowhere to cash in on their work. If you start using logos or slogans similar to someone else’s, expect a suit.
You should also know that losing a suit based on copyright infringement can cost you dearly. The penalties include heavy fines that can put you on the sidelines or even out of business. While the temptation to take a shortcut can be strong, you should always resist it. Building a unique brand and image is the smarter strategy.