Nothing feels as fulfilling as finally selling your handmade products and seeing them used and patronized by people. But once you start selling your handmade products, you are also putting yourself out there.
Even when you still have a small handmade business, it’s important to ensure that you protect your business from unforeseen problems in the future. Here are some of the things that you can do to protect your small handmade business:
1. Keep new products a secret before they are launched
When you are launching products, be careful about how much you share. It’s not unheard of for people to steal ideas even before the launching of the original idea. Also, be wary of who knows the launching of the new products. Take care not to show the products to people who are not on your team.
It’s also important that all your employees who are working on the new product sign a nondisclosure agreement, especially if it’s a product you have been working on for a long time or it has a formulation that could be easily stolen.
2. Use watermarks for your product photos
One of the ways other people can steal your business is if they use the photos you worked hard on to promote their own products that are similar to yours. One way to prevent this from happening is to ensure that your photos have watermarks. It might not completely prevent photo theft but it’s one way of identifying your digital property.
3. Learn more about copyright law
Do you need to get a copyright? If you have a special product that is not on the market yet, you can apply for a copyright. Know the difference between intellectual property, patents, and copyright. There are professionals that you can turn to for these matters.
4. Get commercial insurance in Burnaby
You might think that you don’t need commercial insurance in Burnaby for your handmade business because you are still a small, fledgling company. But when you transact with different people, you could experience issues that can lead to a lawsuit. A breach of contract, litigation problems, or injuries in your commercial space can happen.
If you don’t know what commercial insurance in Burnaby to get, AMC Insurance can help. They can help you find the ideal commercial insurance in Burnaby for your needs.
With these tips, you can run your handmade business without worrying about what the future will hold.
For more details about Insurance Broker in New Westminster please visit our website: amcinsurance.ca