Firewalling your intellectual property from creditors
In this week’s Computerworld, I have written an article on how intellectual property can be protected from trading risks. Software developers and tech companies in particular should consider implementing this sort of model. It is common for businesses in other industries to do so, but technology firms for some reason often do not.
An important thing to remember: it is often a lot easier to implement this model at the start of a business / project than once it is in place. It is usually not difficult per se to achieve after the business / IP is up & running, but there can be tax & accounting issues to deal with.
