How Can Patent Registration Help You To Protect Your Product?}

Submitted by: Legal Raasta

Protect Your Product

Every day entrepreneurs are born. Startups are trending nowadays. Almost everyone wants to set up his own business, of course, with an aim of becoming successful. The most important thing you need in order to become an entrepreneur is an idea. An idea is the beginning of your journey as an entrepreneur. An idea is important because it defines your working path. Your vision, objective and idea are all interrelated. They cant exist without each other. But, with so many entrepreneurs already in the market, it is quite obvious that your idea is shared by many. It is very much possible that it has been already executed. Under such circumstances, what you need is creativity. This creativity makes your idea unique, which in turn makes your product unique. Now, unique products attract attention. To avoid any kind of mishappening, say theft, your product needs protection. This protection is provided by the patent registration. Described below is how patent protects your product in detail.

A phone is a common product, but company matters, right? Be it Apple or Samsung, be it Nokia or Micromax. The primary idea was same behind all these companies, what made a difference was the way of implementation. Creativity made all these companies different from each other. And surely these are not the only mobile phone companies present in the market. There are hundreds of similar companies. Still some are more famous than others. All this difference was caused by the way of execution. All these companies primarily wanted to sell mobile phones. The change occurred as soon as they brought creativity in the scenario. Similarly, when you have an idea it is very much probable that you find similar ideas already present in the market. To make your idea unique you will need something extra. Be it creativity or extra features. It solely depends on you. The end result should be a unique product, so that, people are attracted towards it. But, now the problem is that you have a unique product which attracts the attention of many unwanted people also. Here unwanted people, refers to those who have the tendency of stealing others ideas. With your product being unique, there is a high probability of your idea being stolen. To protect your product you need to take some precautionary steps.

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These steps include the utmost care of the product, Non-disclosure agreements and the most effective of all, patent. Patent makes sure that even after your product is in the market, it is safe from prying eyes. Patent is a legal protection. Therefore, as soon as a person knows that you have a patent for your product, he wont dare to misuse your product or your idea.

Patent protects your product in following ways;

Legal protection. Patent being a government initiative, is completely legal. It gives your product a legal This legal identity not only saves your product from potential thieves but also from any kind of legal suit regarding the ownership of your product.

Originality. Patent is given after a thorough verification. This verification proves to everybody else that your product is cent percent original. This way you gain the trust of your customers and even gain all the rights of your product.

Your invention, your decision. Patent along with protection gives you the right of using your product as per your wish. Also, no one is liable to use your product without your permission. If anyone does that, you have the complete right to report him and file a lawsuit against him.

All this protection comes with a long validity. A patent is valid for twenty years. So, you have the exclusive rights to your product for twenty continuous years. You are given the whole credit of your idea, your product. It is your own invention and patent acknowledges the same. We, at LegalRaasta, can help you with patent registration for your invention.

About the Author:

LegalRaasta.com

is a technology platform to simplify legal and business related matters. We are committed to helping startups and small business owners in solving legal compliance related to starting and running their business.Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man.We are a technology driven platform trying to organize professional services industry in India! Our mission is to provide one-click access to individuals & businesses for all their legal & professional needs!

LegalRaasta.com

has been founded by a team of Chartered Accountants and Management consultants. The founders are alumnus of top education institutions like IIT & ISB and have professional experience with top consulting firms such as Mckinsey. LegalRaasta currently has a network of 100+ professionals including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers.Our team puts consumer first, and work meticulously to ensure that documents are filled correctly and swiftly.

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Sap Erp An Overview Of Sap Erp And How To Implement It In Your Business}

Submitted by: Eli Griffin

SAP or Systems, Applications, Products in Data Processing is a German based company which was founded in 1972. Since the company is Germany based so its full and official name is SAP AG which stands for Systeme, Andwendungen, Produkte in der Datenverarbeitung. The unique thing about SAP is that the five founders of the company previously worked for IBM.

The company is the third largest software making company in the world and has got subsidiaries in more than 50 countries and is continuously expanding. At the moment it has got more than 17,500 customers and 27,000 people working for it with revenues of $7.34 billion. SAP has got 44,500 installations to its name in more than 120 countries used by more than 10 million users.

The success story of the company started in 1979 when it released SAP R/2 in the German market. This product was the first integrated package that could be used throughout the enterprise. This led to immediate success of the software and the company. In 1992, the company further ensured its success by releasing SAP R/3 which was based on client-server architecture.

SAP offers solutions in the following modules:

Financials

Supplier Relationship Management

Product Lifecycle Management

Human Resources

Supply Chain Management

Business Intelligence

Customer Relationship Management

What Is ERP SAP, Exactly?

ERP stands for enterprise resource planning which involves planning of acquiring and transferring business resources from one state to another. SAP ERP is integrated software developed by SAP for medium and large enterprises. After the success of SAP R/3 the company launched this software for the betterment of its customers. It includes four individual solutions including:

SAP ERP Financials

SAP ERP Corporate Services

SAP ERP Operations

SAP ERP Human Capital Management

SAP ERP Enhancement Packages

SAP ERP Financials:

SAP ERP Financials provides financial solutions to its customers irrespective of its customers. the solutions provided help you in dealing various competitive situations, market conditions etc. It combines accounting, reporting, treasury, financial supply chain and other aspects related to finance.

SAP ERP Corporate Services:

If your company deals in managing real estate, project portfolios, environment, corporate travels, health, enterprise assets or any other such sectors then SAP offers you SAP ERP Corporate Services solutions. This solution allows you to control business related costs and risks in a much better way.

SAP ERP Operations:

The operations department of any company is the most important department as it controls the entire process chain. SAP ERP Operations help the companies in handling their operations with high quality and delivering much more then is expected of them.

SAP ERP Human Capital Management:

SAP ERP Human Capital Management provides:

End-user service delivery

Workforce analytics

Talent management

Workforce process management

Workforce deployment

SAP ERP Enhancement Packages:

SAP ERP Enhancement Packages are mainly designed for providing enhancements to various business scenarios using the latest technologies and practices. There are various advantages for choosing this solution offered by SAP ERP and these are given below:

User friendly interface

Flexibility

Improved core functionality

Better integration

I hope this brief article will give you a better insight to SAP ERP and its implementation.

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