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Alex Reese
Alex Reese, Lawyer
Category: Intellectual Property Law
Satisfied Customers: 3106
Experience:  Experienced in intellectual property law
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I own a patent, a trademark and website. the product is

Customer Question

i own a patent, a trademark and website. the product is being sold online and in a store. it is a safety/sports device. i have never never had one returned. what is the best way to sell the entity, patent, trademark, website. how should something like
this be valued?
Submitted: 1 year ago.
Category: Intellectual Property Law
Expert:  Alex Reese replied 1 year ago.

valuing intellectual property is quite difficult, there is no straightforward way to do it. One method could be to consider what the licensing value of the patent/TM is, i.e. how much would you be willing to license the rights for, and set the full value somewhat higher. If the entity owns the TM/Patent, then that would naturally be included in the sale of the entity, but the sales agreement would need to be clear that the patent/TM are part of the sale (as well as the website). You simply need a sales agreement that lists all these things as part of the sale. As with any sale of a business or other contract, you should have an attorney write it or at least review/revise it...you never know when an issue may arise and then every word and line in the agreement may come under scrutiny.

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