tyler-smith.com · Questions & Answers

We want to prove to a buyer that our proprietary operational processes are secure, but we do not know who on our Accountability Chart should own the ongoing maintenance of our intellectual property. How do we structure this seat?

A common mistake on the exit runway is leaving intellectual property and process maintenance without a clear owner on the Accountability Chart. If everyone is responsible for your proprietary workflows and digital assets, nobody is. A buyer will closely inspect how you protect, update, and manage your operational intellectual property.

To resolve this, you must explicitly assign intellectual property and process governance to a specific seat on your Accountability Chart. This is typically the responsibility of the Integrator or a designated Operations Director seat. The role must have clear, measurable measurables on your weekly Scorecard.

To structure this accountability effectively, add these key roles to the designated seat:
- Documenting and updating all core proprietary workflows to ensure they remain current and accurate.
- Conducting regular audits to confirm that team members are following the processes as documented.
- Ensuring that all employment agreements and independent contractor contracts contain clear intellectual property assignment clauses.

By formalizing this role, you show potential buyers that your intellectual property is not a static document gathering dust on a server. Instead, it is an actively managed, protected asset that is integral to your daily operations. This structure gives buyers complete confidence that your proprietary advantages are fully transferable and will continue to deliver value long after the transaction is complete.

Category: Exit Planning

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