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Starting a business can be both exhilarating and overwhelming. While you're focused on building your product or service, it's crucial to navigate the legal landscape to avoid costly mistakes. This article will delve into the top 10 legal  mistakes often made by startups and offer practical prevention practices. 1. Neglecting Intellectual Property Protection A common legal mistake startups make is failing to protect their intellectual property (IP). Your IP is a result of your creativity and innovation and your company's most valuable asset. It's essential to safeguard it from infringement. These assets can be protected by law to give their owners exclusive rights to use, exploit, and profit from them. Types of intellectual property include: Patents: Protect inventions and processes. Trademarks: Protect brand names, logos, and slogans. Copyrights: Protect original works of authorship, such as books, music, and software.   Trade secrets: Protect confidential inform