Issuing a minimum viable product into the market place is one method a business can adopt to achieve a lean startup methodology.
A minimum viable product, often abbreviated to MVP, is a product with just enough features to see whether it will work in the real world.
Registering a trade mark gives the business the exclusive right to use it, and another business using the same or similar trademark is said to have infringed the trademark and could be sued for damages.
A registered trade mark is identified by the letter “R” surrounded by a circle .
The DHS IT Strategic Plan 2015-2018 reflects our rapidly-changing IT environment and evolving mission and business needs, as well as IT’s role in every aspect of security and resilience.
It outlines DHS’ IT priorities and provides strategic direction for the use of IT resources, in order to improve the efficiency of our programs, enhance our mission effectiveness, and ultimately, provide for the security of the American people.The minimum viable product method is in contrast to the conventional method of bringing products to market.The conventional method incorporates the maximum number of features the customer might want, carries out market research and adapts the product, and then launches the product fully developed.Intellectual property is an asset of the business and can be bought or sold like any other asset.It can be used for example, to earn royalties from licensing, create strategic alliances with other businesses, and to secure loans.The advantage of the minimum viable product method is that allows a startup business, usually with limited financial resources, a low risk method of launching a product; feedback is instant and the product can then be improved.With the conventional high risk method, the majority of the feedback comes too late after the product has been fully developed when any change would be costly.He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University. Having written dozens of plans, we understand that not all business ideas are worth pursuing.Set out the intellectual property rights your business has.A patent is a form of intellectual property right granted by the state which gives an inventor the sole right to make, use, sell, or dispose of their invention for a limited number of years.