Published: 30 Apr 2023

Protecting IP can lead to substantial income and brand growth for businesses and a significant boost in their business's reputation among customers and suppliers.
Infringement of registered patents, copyrights and trademarks can result in loss of revenue and damage to a company's brand image, and these consequences are often very expensive for business owners. They can lose market share and their brand name, incur huge legal costs, or suffer a major crisis in their growth.SMEs frequently neglect to protect their IP assets, which can lead to serious consequences for their business.

SMEs frequently neglect to protect their IP assets, which can lead to serious consequences for their business. Infringement of registered patents, copyrights and trademarks can result in loss of revenue and damage to a company's brand image, and these consequences are often very expensive for business owners. They can lose market share and their brand name, incur huge legal costs, or suffer a major crisis in their growth.Protecting IP can lead to substantial income and brand growth for businesses and a significant boost in their business's reputation among customers and suppliers.