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Archive for 13/12/2010

Protection

Many small businesses don’t protect their ideas!This can be as simple as trademarking a name or logo. Trademarks are a form of intellectual property, along with patents, designs and copy-rights, which protect original creations. They can protect from other businesses copying an idea.To do this may not be that expensive (typically £6,000 to register, using the services of a lawyer). Once a business has a registered trademark it has both a valuable asset and a bargaining chip to do business with much larger potential partners.Trademarking, something unique to a business, means it cannot be copied except with approval under a licensing agreement. That could be a potential revenue stream! More information visit www.ipo.gov.uk

Helping Small Businesses at Last

We have to thank the Sunday Times for bringing into focus employment Law and other issues that hold small businesses back. They have launched their “Manifesto for small business”:

  • Hiring and firing
    • Stop EU plans to triple maternity leave payments
  • Slash red tape
    • Halve the number of tax forms
  • Make banks lend
    • Guarantee small business loans
  • Cut tax
    • A national insurance holiday for start ups
  • Boost clusters
    • Relax planning laws and build new roads and railways

How’s that for starters?

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