The major benefit of patent registration is the protection of your intellectual property rights. This way, you can stop any other person or business from copying, selling, importing, or manufacturing your inventions unless they have your permission. Also, patenting gives you protection from competitors for a certain period. Moreover, once you patent your invention, you can license it so that others can use it as you earn royalties. Alternatively, you may sell it and earn some revenue for your business. Before you consider patenting your startup, ensure you keenly look at your invention, assess the risks of not getting a patent and compare it with the cost. However, if you want to enjoy the above-mentioned benefits, patenting is the way to go.