‘The EU is undergoing a rapid sustainable transition and accountants, as key business advisors for their SME clients, are diversifying what they offer such as embracing IP and acting many times as a first stop for basic IP advice.”
Salvador Marín, EFAA for SMEs President
Did you know that over 25% of SMEs turn to their trusted accountants for guidance on Intellectual Property (IP) matters? As an accountant, you play a crucial role in helping SMEs navigate IP leveraging these intangible assets for business growth. You can be their first contact with IP, guiding them at a very early stage.
With this in mind, on 9 October 2020, EFAA for SMEs signed a collaboration with the European Union Intellectual Property Office (EUIPO), joining the Ideas Powered for Business (IPFB) network.
IP encompasses creations of the mind, ranging from artworks to inventions, trademarks to commercial signs. It’s pivotal for companies innovating or launching products/services, enabling them to share solutions and negotiate agreements without risking misappropriation.
A joint report by EUIPO and the European Patent Office (EPO) reveals that SMEs registering IP rights experience 68% higher revenue per employee compared to those that don’t.
Use and share this leaflet with clients to identify IP assets, their benefits and IP office contacts.
Additional information can be found here:
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