Many leaders in business look at patents disdainfully; as an expense as opposed to a valuable capital asset. Yet they are a capital asset and when strategically managed can be a key element in the success of a company – large or small.

A recent article reviews how patents built one of the one of the most successful companies in the last decade. It also made its leader one of the wealthiest men in England.

If you are going to get patents how do you shold at least know the process is being well managed. Are you best in class or a runner up at the back?

However, if asked today would you know the status of your patents and patent applications?

Would you know if your business has improved in managing them or not? Most companies do not know how to audit these valuable capital assets, possibly leaving you seriously uniformed.

Even many Fortune 500 companies with intellectual property attorneys on staff do not have a clue. This is because it is hard to manage hundreds or thousands of applications and patents - even with 50 it can be difficult.

This is why we offer a comprehensive patent and patent application audit to give you an impartial report on if your compnay is doing well or poorly.

Our patent audits include an executive report reviewing the general status of your patent efforts in the past 10 years and identify the major issues for you to consider. The full report provides additional details to back up the conclusions. Click to see a partial report.

However you also get the original spreadsheet we use for the audit. It details the status and activities for each patent. For each patent application there are hyperlinks to all the original information and documents we used to draw our conclusions.

An audit can be used to:

• Find weaknesses in current patent activity
• Evaluate the performance of a division
• As part of due diligence for an acquistion
• To analyze a competitor's strength

Of course you can put this off, but doesn?t it seem reasonable that at least once a decade you might be curious about the investment you have made in patents?

• "The Problems You Are Having to Get Patents and Don't Know About"
  
  
• Review a sample report

Alternatively:

• Send an e-mail to carlos@telaricideas.com if you have questions or would like to discuss a specific project.

We look forward to assisting you with your patent work.