Kaufhold & Dix Patent Law
Protect Your Intellectual Property — Call Kaufhold & Dix at
612-216-1161
or
605-334-1571
For A Free Consultation

IP protection: Safely navigating the long and winding road

"You have to spend money to make money." That's a phrase any budding entrepreneur has likely heard at some point. According to various sources, the line is credited to a Roman poet, philosopher and playwright and dates to several hundred hears before the start of the common era.

Not everyone agrees that it's true, but the notion clearly has endured the test of time. And it seems to be an appropriate matter in the context of intellectual property. As we have noted in previous posts, a great idea has value. How much value can be hard to gauge, but you can be certain that it erodes quickly if there's a failure to take the necessary steps to protect it. The question becomes, what's the best way to do that.

Regardless of what road you take, if you want to make money from your idea, you will need to spend money. The steps for filing and maintaining an average patent alone amount to several thousands of dollars. There are individual fees spread out over a span of years. Misfile an application or miss one benchmark date and you run the risk of loss and of seeing someone else step in to the gap – ready to capitalize on your idea by following the Roman playwright's adage.

Considering the time and financial commitment involved, it's understandable if some creators and inventors seek to undertake the intellectual property protection process alone. Alternatively, they might be attracted to those who offer flat fee services without understanding exactly what the fee covers. Only later they find that extra steps in the process have prompted added costs.

Not all firms operate this way. At Kaufhold & Dix Patent Law, the commitment is to provide complete IP service for a known cost before work begins. We invite you to contact us to learn how we can help with your IP concern.

No Comments

Leave a comment
Comment Information
Don't risk losing your intellectual property rights by failing to act.

Register for patent, trademark or copyright protection by calling Kaufhold & Dix at 612-216-1161.

Contact An IP Attorney Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us For A Response

Edina Office
7400 Metro Blvd, Suite 420
Edina, MN 55439

Phone: 612-216-1161
Edina Law Office Map

Sioux Falls Office
6330 S. Western Ave, Suite 100
Sioux Falls, SD 57108

Phone: 605-334-1571
Fax: 605-334-1574
Sioux Falls Law Office Map