Intellectual Property Service Business

Business Idea: Start An Intellectual Property Service Business in 2024

Updated: September 3rd, 2024

Avg Monthly Revenue
$800K
Avg Startup Costs
$18K
Market Size
Avg Revenue
Avg Days To Build
400 days

An intellectual property service business offers a unique opportunity to navigate the complex world of IP rights, ensuring creators and businesses protect their valuable assets.

In simple terms, this business involves providing expert guidance on patents, trademarks, copyrights, and trade secrets. The main goal is to help clients secure their innovations, shield their brands, and guard creative works from infringement.

This is an engaging field for those interested in law, creativity, and commerce. As businesses increasingly prioritize intellectual property, the demand for skilled IP professionals is on the rise. This makes it a compelling choice for anyone looking to start a business that combines legal knowledge with strategic planning.

Starting an IP service business requires dedication to understanding intricate legal details, excellent communication skills, and a knack for problem-solving. If you have these traits, this venture could be a rewarding and impactful career path.

Revenue & Profitability

How much do intellectual property service businesses make?

Examples Of Successful Intellectual Property Service Businesses

Successful intellectual property service business businesses and case studies

Asian-focused consulting firm Dezan Shira & Associates, founded in Hong Kong in 1992, has expanded to include 28 offices and a client base of several thousand companies with US$20 million in annual turnover, handling about US$8 billion in foreign investment into Asia, by determined hard work and creativity in marketing, billing structure and hiring equity-dependent staff.

$1.5M Monthly Revenue
$2K Startup Costs
Read by 6,832 founders

White Bullet CEO and founder, Peter Szyszko, discusses how he identified and began targeting IP-infringing websites and apps with his IPI Analytics Platform, which has seen the company grow and expand into new areas such as social media antipiracy and connected TV.

$100K Monthly Revenue
Read by 6,956 founders

See full list of successful intellectual property service businesses.