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Intellectual Property for Startups in the Real World

Gust

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. Financial, technical and operational plans and forecasts of all kinds (trade secret). trade secret).

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No, that IS NOT a competitive advantage

A Smart Bear: Startups and Marketing for Geeks

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. Innovative design and intellectual property are no longer long-term competitive advantages. This is part 1 of the series: 5 Lessons from 150 startup pitches.

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7 Team Attributes That Can Make Any Idea Come Alive

Startup Professionals Musings

Who would have forecast that entrepreneur Gary Ross Dahl would make millions by starting a “ pet rock ” business way back in 1975? Investors like to see new intellectual property as a barrier to entry. Investors expect to hear annual revenues, average margins, customer acquisition costs and sales pipelines.

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How to Write a Business Plan for a Cannabis Company

Up and Running

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Once you identify your ideal customer, you can tailor your marketing and sales plan to that person. Components of this section include: Your marketing and sales plan. Marketing and sales plan. Buyer persona.

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Post-Crisis Digital Trends That Will Reshape Your Business in 2020

Up and Running

Cutting costs , revisiting forecasts , and stabilizing your business. In 2020, data breaches are among the greatest cybersecurity concerns, with health records, corporate intellectual property, smart cars, and connected devices being the most vulnerable targets. Revisit your business plan , forecasts, and company goals.

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From Idea To Execution: Building An Efficient Workflow For Your New Venture

The Startup Magazine

Will you opt for direct sales, subscriptions, or a freemium model? This involves careful budgeting, financial forecasting, and cash flow management. It’s crucial to protect your intellectual property as well, including trademarks, patents, and copyrights. Securing funding can also be a critical step for your venture.

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What Is a Business Plan?

Up and Running

Every business has long-term and short-term goals, sales targets, and expense budgets—a business plan encompasses all of those things and is as useful to a startup trying to raise funds as it is to a 10-year-old business that’s looking to grow. The projections include sales, costs, expenses, and cash flow. Leave them on the computer.