Question
I have a start-up idea, but I noticed that a similar service/website/database/business model already exists. It operates in a different niche/targets different customers, which is good. However, it is far more mature than my concept and it would be unwise not to learn from how they have grown and what they have tweaked/added. I'm thinking that this inspiration may lead to too many similarities. What should I check and consider to avoid intellectual property infringement and other legal issues?
Answer
If you're emulating someone else's business model, technology, or style, then once the time comes to choose a brand name / domain for your own service be sure NOT to imitate theirs.
That only covers 1 aspect of IP, of course.
