Navigating Intellectual Property Valuation: A Guide for Business Owners
Intellectual property refers to intangible assets such as logos, brand names, patents, trademarks, copyrights, and trade secrets, which are unique identifiers for a company or its products and services. The process of evaluating the economic value of these assets is called Intellectual Property valuation. Accurately valuing an intellectual property is crucial for determining a company's overall worth, as these assets are often its most valuable.