1. Document R&D for tax time
An easier way to document activities for the R&D Tax Incentive
If your company claims the R&D Tax Incentive, we can document your team’s eligible R&D activities every three months. Clients say this is easier and more effective than trying to recall details at the end of the year. When it's time to lodge a tax return, we prepare the summary of all R&D activities for the year.
We don’t replace your R&D tax advisor. Rather, we support your advisor by providing project information needed to prepare your claim.
You might like to combine this with our IP documentation service.
2. Document new IP
Regular checks to look for new inventions & trade secrets. Avoid losing IP rights.
The problem: There is an ongoing risk of losing valuable IP rights by not taking action in time. Don’t let it happen to you.
Our solution: we look for inventions and trade secret within your business on a regular basis. Think of it as an insurance policy.
We don’t replace your patent attorney. Instead, we support your patent attorney by supplying all the required information. If you choose to keep a piece of IP as a trade secret, we show how to set up internal trade secret protocols that maximise the ability to take legal action when needed.
3. Audit your trade secrets
Check whether your valuable trade secrets are protected properly
Trade secrets are used widely to protect technical and commercial information. Trade secrets are not registered, but certain steps need to be taken to protect them.
The problem: many businesses overlook the legal requirements for protecting trade secrets. That creates risks which may remain hidden until a trade secret is lost and it’s too late.
Our solution: We provide a risk assessment of the various trade secrets in your company. If required, we can suggest ways to improve protection of your trade secrets. Read more
4. Identify your intangible assets
The first step in managing the many intangible assets in your company
The problem: Your company has lots of intangible assets. Those assets likely account for over 80% of your company’s value. But you can’t manage intangible assets until you know exactly what your assets are.
Our solution: We work with your team to systematically identify the key intangible assets. The process highlights any risks and may also lead to potential new opportunities.
5. Update your IP strategy
A way to create a practical IP strategy that matches your budget
An IP strategy is the foundation of good IP management. All IP strategies should be updated regularly.
Through our collaborative process, we create a practical IP strategy that supports your corporate goals and matches your budget.
Why have an IP strategy?
Enables consistency in future decisions
Highlights strengths and weaknesses
6. Educate your team
Teach your staff the basics of IP and other intangible assets
We deliver workshops designed to educate all employees about intangible assets in the workplace.
Profound changes can take place when employees are more conscious of the intangible assets they deal with every day.
For example, the more employees who can identify intangible assets and recognise their importance, the greater the likelihood of those intangible assets being managed appropriately. Being aware intangible assets is also part of a culture of innovation.