Generating and protecting business ideas.

Sources of ideas for entrepreneurs, including franchise, copying ideas from other countries, identifying a market niche, spotting trends, and the scientific approach. Also outlines patents, trademarks and copyright. 

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Business Studies- Generating and protecting business ideas.


The following things are major sources of ideas for entrepreneurs:

Franchise-

Franchising means using an existing company's business idea and its name. The franchisor is
the business that owns the original company. It can give the right to another person or
another group…

Page 2

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Business Studies- Generating and protecting business ideas.


There are many ways of ensuring that business ideas remain the property of the innovator or
inventor. The exact use of copyrights, patents or trademarks will tend to depend on what is being
protected.

Copyrights

A copyright is automatically granted to a writer…

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