For Ontario businesses and non-profits, it is critical to understand best-practices when creating and managing their trademarks and copyrights. The following non-exhaustive list provides an overview of five of the most common issues relating to organizations’ use and management of their intellectual property.
It may seem like a common sense issue, but experiences illustrates time and again that carefully selecting the people with whom you work will not only ensure the highest possibility for success, but also save you money and headaches down the road.
At best, your partners may be hard working, professional and honest people, but not necessarily possessing of the skills and contacts you really need to build the business. At worst, they are inept, dishonest and have different agendas, and this can seriously drain you emotionally and financially when you’re fighting with them over control over your assets one year later.
This applies not only to entrepreneurs in any of business (including law), but also to creators who partner with co-creators, writers, production companies, record labels, managers and publishers.