How do I protect my intellectual property?

In Tennessee, protecting your intellectual property is an important step that you must take when you own a small business. Intellectual property is any kind of creative work, such as inventions, designs, literary works, patents, and trademarks that are the product of your own creative effort. If you would like to protect your intellectual property, there are several options available to you. One of the most common ways to protect your intellectual property is through obtaining a federal copyright, a trademark, or a patent. A copyright allows you to control the reproduction, distribution, and other uses of your creative works. This could include books, music, movies, pictures, and other creative works. A trademark is a distinctive word, phrase, or symbol that identifies your business’s products. A patent is a grant of the exclusive rights to an invention for a set period of time. You may also be able to protect your intellectual property with a nondisclosure agreement or a non-compete agreement. A nondisclosure agreement prohibits any person or company from disclosing information that you’ve shared with them. A non-compete agreement prevents your competitors from using your inventions or copyrighted work without your permission. It is important to remember that protecting your intellectual property is not a one-time process, but a continuous effort. You should regularly monitor and review your intellectual property rights to ensure that your rights are being respected and that your property is not being used without your permission.

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