Intellectual property issues in the sale of your business

Editor’s Note: Deana Labriola is a member of the Business, Intellectual Property, and Technology Practice Groups at Ward and Smith, P.A. Selling a business can be joyful, stressful, painful, or just plain bothersome to a business owner – it just depends on the circumstances.  Selling a business that has “hidden” intellectual property can cause unexpected headaches, but it doesn’t have to. When preparing to sell, many business owners think that their business doesn’t have or own any intellectual property unless they have gone through the process of registering a copyright or trademark or procuring a patent.  However, items such...

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