Intellectual Property Valuation Services

 Want to conduct IP valuation? Understand the Benefits and Methods

When it comes to the purchase and sale of a company, some intangible assets, for example, intellectual properties (IP) and goodwill, can be the most crucial factor to consider. As per the experts, IP assets are considered as a part of the business’s non-physical property. These properties are legally protected. Any decision regarding the IP can only be taken in a court of law. They have an economic value, are transferrable, and can be independently identified.

You can’t determine the actual value of your business without considering intellectual properties. So, it can be said that accurate assessment of your IP can play an important role in witnessing a profitable sale. So, how to evaluate the true value of your intellectual property? Well, this is where you can take the help of a professional intellectual property consultant.

Intellectual property consultant- Helping you in IP valuation

There is no doubt that intellectual property is much more than just new patents and inventions. In order to enable and realize various income sources, your company’s IT portfolio should be properly valued and managed to safeguard the IP, and you can enjoy a competitive advantage. 

By choosing the best intellectual property consultant, you can build as well as strengthen the IP monetization efforts. The experts have years of experience in this, and they can evaluate the value of the patent, copyright, trademark, patents, brands, trade dress, domain names, and other intellectual properties.

What do you mean by intellectual property valuation?

IP valuation is a critical process that becomes very important during the purchase or sale of an organization or in the event of a merger, acquisition, and solvency. In general, the intangible assets of a business are either patentable products, or they are patented. IP is considered a unique innovation of a company and can bring a lot of profits to a company.

By conducting a proper IP valuation, hiring intellectual property valuation services, you can come up with a good value of your IP, and this can greatly influence and selling or buying price of the organization. In simple words, through IP valuation, you can easily attain a justifiable selling price.

Why should you hire a good IP valuation firm?

Understanding the true worth of your intellectual property is crucial to knowing the transfer, licensing, and the sale price of your IP assets. But you should understand that the process of valuation is quite complicated and can be greatly influenced by the changing rules of IP valuation. As this is a specialized area, the highly experienced intellectual property consultant can only help you in this.

All the businesses invest heavily to create IP, and you can’t take any risk of making a loss due to improper valuation of the IP. So, such experts play a major role here. They properly understand the changing regulations and factors related to intellectual property, and they closely analyze the true value of the IP so that you can always be in profit.

Some commonly used IP valuation methods

1.      Income method

It is one of the common IP valuation methods, and here the valuation is conducted considering the present-day value of the IP. The experts will evaluate how much value does IP can generate in the future. If your IP assets have a better cash flow and the expected revenue can be projected accurately, then you can apply this method.

2.      Cost method

Under this method, the valuation is carried out by computing the cost of similar assets. If the assets can be reproduced easily and the IP’s economic value can’t be quantified easily, then you can go for this valuation method. This method is a little simple as it will be based on defined or direct cost.

3.      Market method

Here, for the base to evaluate the value, the experts will consider the current market behavior. The IP is valued by benchmarking the value against a similar asset sold under some similar situations in the marketplace. One of the major benefits of using this method is you may generate a better comparable valuation to the other assets.

Well, no matter what is the method, the IP valuation process requires obtaining sufficient information about the IP and sufficient knowledge of the industry and economy. That’s why it is advisable to hire a trusted intellectual property consultant of CONSOR. The company deals with licensing strategies, intellectual property valuation, litigation support, and more. Visit http://consor.com/ to know more.

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