Trademark Development : Every business, regardless of its size, requires a Trademark. A trademark is more than just a logo, image, or color. It emotionally connects with the target customers and conveys your identity, what you represent, and what you can offer. A well-known and beloved trademark is one of the most valuable assets a company can possess. Creating a new trademark or renew an existing one involves three phases: Setting the Vision for the trademark - What are the company's objectives and core values?How will these objectives and values be translated into actions? How will customers benefit from this? What will the customer experience be like when dealing with the company?Designing the Visual Identity of the trademark: Name.Logo.Colors.Tagline. Typography Trademark Management: It refers to the set of processes that contribute to forming the value and identity of a trademark, conveying it to the public, building awareness of that trademark, and enhancing customer loyalty to it over time. Just as companies are first established and then managed, trademarks are first built and then require management to continue to maintain their presence in front of customers regardless of the company's market value or level of fame. Trademark Registration: To register a trademark, you must submit an application to the Ministry of National Economy or one of its authorized directorates. The application should include the following: A copy of the applicant's ID. A power of attorney if the application is submitted by an attorney. (2) copies of the trademark model. For individuals: commercial registration. For companies: company registration certificate. After completing the application and attachments and completing the technical examination process for the desired trademark to ensure there is no similar trademark, the applicant is granted a preliminary acceptance certificate. The trademark is published in the Industrial Property Gazette for a period of three months from the date of publication for objections by the public or interested parties. After the publication period expires and no objections are filed against the trademark, a notification is sent to the registrant to complete the procedures for payment of the final registration fees to issue the final registration certificate. Fees: JD 80 application fee, and JD 20 publication fee in the Gazette. - JD 50 fee for receiving the final certificate. - JD 60 renewal fee, and JD 20 publication fee. Notes: The protection period for the trademark is 7 years from the date of application after obtaining the final registration certificate. The trademark is renewed after the expiration of the 7-year period for another 14 years. Forms and applications can be downloaded from here.
What are the consultancy services offered by Monshati? It is a service provided by specialists in various fields to guide you in taking specific actions to overcome a problem facing your project, after identifying and studying the problem. Consultancy services are not entirely new in the world of projects, but it is important to pay attention to the entity that provides the correct consultation based on experience and expertise. For example, if the project owner is facing a marketing problem, they should seek the consultancy services provided by a marketing consultant, and so on. Does your project need the consultancy services of Monshati? Our consultancy services not only focus on offering solutions to the challenges and problems facing your project, but they also provide ways for development and methods for bringing about positive change in the work approach. In addition, they introduce new ideas to revitalize the production process. Furthermore, they present possible scenarios for future challenges and how to deal with them, tailored to the resources and capabilities of your project.\ Monshati Consultancy Services: Monshati platform team provides technical, financial, and legal consultancy services to owners of MSMEs through a number of specialists with the aim of assisting project owners in the technical and legal aspects to protect their projects. Types of Consultancy Services: Financial Consultations Administrative Consultations Technical Consultations Legal Consultations You can apply for all types of consultancy through your account on the Monshati platform, and you will receive responses from specialists from our partners and the Monshati team.
What is Intellectual Property? Intellectual property refers to innovations of the mind, such as inventions, literary and artistic works, designs, logos, and symbols used in trade. Intellectual property is legally protected by rights such as patents, copyrights, and trademarks, which enable individuals to gain recognition or financial benefit from their innovations or inventions. The intellectual property system is characterized by establishing a sound balance between the interests of innovators and the interests of the general public, thus creating an environment conducive to the flourishing of creativity and innovation. Benefits of Intellectual Property: When implementing an idea in reality, you may spend several months or even years, and undoubtedly, it will cost you a lot of effort, time, and money as well. In the absence of intellectual property rights, you may fear sharing your ideas with others for fear of exploitation. Even if you can launch the idea directly in reality, without a law protecting you from competitors' imitation, the opportunity for them to modify the idea and benefit from it will arise, thus breaking the competitive advantage and sharing profits unfairly. Moreover, aside from the financial aspect, the moral aspect has a greater impact. Others benefiting from your effort without compensation will demotivate you towards developing any other idea. Benefits of Intellectual Property Helps business owners maintain their long-term competitiveness and ensures that entrepreneurs receive all the financial benefits from their ideas, thereby ensuring a continuous flow of revenue, ensuring the success and sustainability of the business project steadily. Serves as an asset and a source of strength for business owners, helping them persuade financial institutions to invest in their businesses, enabling them to obtain more money needed to develop and grow these businesses. Gives consumers confidence that the products they receive meet the required standards and achieve suitable quality. Gives entrepreneurs the ability to grant licensing rights to others regarding their ideas without risks. This means giving entrepreneurs the opportunity to expand more easily in the job market through their products and services, thereby increasing the financial returns related to their businesses. The role of Monshati in enhancing intellectual property for project owners: Facilitating access to funding sources through e-financing applications. Providing consultations by specialists. Empowering project owners to share their project ideas with the Monshati team through face-to-face meetings to study the project idea. Conducting specialized training sessions in various fields, specializing in agriculture, commerce, industry, etc.
Rest assured that knowledge is an invaluable treasure. Understanding the laws ensures that you do not face the consequences of violating them, as ignorance of the law can significantly damage the establishment phases of your project. Legal consultations are crucial to such an extent that they become the driving force behind all actions that require compliance with laws and project registration. The Importance of Legal Consultation Successful projects worldwide always consult with top legal teams to overcome legal obstacles related to investment, obtaining operating licenses, opening branches, international trade, tax obligations, and financial transfers. Seeking assistance from legal consulting firms for several purposes. The exchange and acquisition of information in the legal field are crucial parts of the performance of projects intending to offer their goods and services to customers at both local and international levels. Types of Legal Consultations Legal consultations are sought with the aim of understanding the legal perspective on specific issues. However, they vary depending on the field of consultation. Legal Consultations Related to Administrative and Financial Affairs of Projects Legal consultations regarding MSMEs such as buying and selling Legal consultations related to project registration How to Get Legal Consultation through Monshati? Log in and select the consultancy service. Specify the type of consultation. Write a description of the consultation you wish to receive. Review previous similar inquiries. Check the service ratings. The legal entities through which consultations are provided: "Maqam" - Encyclopedia of Palestinian Laws and Court Decisions A Palestinian Encyclopedia that provides a comprehensive overview of legislation and judicial rulings issued by Palestinian courts. The encyclopedia includes all current legislation in Palestine, in addition to judicial applications of legal provisions, while also keeping track of the latest rulings and decisions issued by Palestinian courts. Legal Clinic at An-Najah University The Legal Clinic at An-Najah University represents an applied legal education model that combines theoretical knowledge with practical application. It integrates students into society and provides them with the opportunity to apply the theoretical knowledge gained during their studies in theoretical courses. Through the provision of free legal services to needy segments of society in coordination with relevant authorities in accordance with applicable laws, the legal clinic seeks to enhance the rule of law, protect human rights, and promote confidence in the Palestinian legal system.
The Palestinian work environment is not conducive to the easy establishment of a private project, as some many risks and challenges may hinder the establishment of projects. However, avoiding randomness and following an organized and thoughtful approach helps in the success of establishing, retaining, and developing a project in the future. If you are project owners wondering how to succeed in your projects and how to develop your business, you must understand the elements of a successful project, whether you are starting a small project from scratch or developing your own project. There are rules that you must work on to make your project successful. 1- Passion: If you want to start your project to make a profit, the project will be at risk. Making a profit is one of the most important motivators, but this will not help you during the difficult phases and circumstances of the project's life. You may even stop continuing the project because you are unable to make profits during this time. Therefore, it is important to have love and passion for the project you have decided to establish. 2- Simplicity: Some may think that thinking outside the box means innovating something new, but beware of innovating what people do not want, and be simple in the idea of the project. No matter how people evolve, the wheel will remain circular to them, but if you innovate a square wheel, that might be a new and exciting innovation. But do you think the wheel will turn? For this reason, we have never seen a square wheel. So, try to start where others have left off and try to improve on it in a way that benefits the product or service and the consumer as well. 3- Organization: One of the most important things you should start with is to put together an organized plan for the success of your project. Set up the initial plan for the project, such as what do we want? What are the next steps? What is your vision for the project in 10 years from now? 4- Uniqueness: If you do not have a vision and concept for your project and your management style for it, then you are still not qualified to embark on an experience in your professional and practical life. If you speak with successful entrepreneurs, you will find them knowledgeable about most, if not all, of the details related to their project, such as the nature of the product and its strengths and weaknesses, the behavior of suppliers and customers and their expectations, the operating style and management of operations in the project, a vision about bad scenarios and how to deal with them, available alternatives, etc. Be unique in your thinking. 5- Idea Sharing: You alone know all the details of your project, so do not fear that someone will steal your idea and implement the project before you. Try to get as many opinions and ideas as possible that will enhance the success of your project.
Many companies, particularly small businesses and startups, seek sources of financing. This is particularly true for Micro, Small, and Medium Enterprises (MSMEs), as they need to be able to start and sustain their work. These enterprises require immediate financial support to pay employee salaries and fund the purchase of raw materials to continue their operations. Steps to Get Funding: The project or idea owner submits a financing application through the "Monshati" platform. Apply: The employee of the selected entity for financing becomes acquainted with the enterprise to diagnose and determine the needs of the enterprise for financing. A field visit is conducted to the enterprise, and if the enterprise needs funding, it is directed to the appropriate type of financing. After the applicant provides all the required documents, a specialized committee will study the application and determine if the client is eligible for financing. The committee assesses the client's credit, banking, and legal status and evaluates the feasibility of financing for the enterprise. After approval of the financing application, the loan is disbursed according to a mechanism to ensure that the purpose of the financing is achieved. After the loan disbursement, a field visit is conducted to the client to ensure that the purpose of the financing has been fully implemented. The client's enterprise is regularly visited, usually every six months, to provide continuous support to the enterprise and verify that the work is progressing as planned or not. Required Documents: Proof of profession: If the project is a registered company, bring the commercial register of the company, companies controller certificate, Memorandum of Association, Bylaws, authorized signatories, and professional license. If the project is not a company and operates in municipalities، a professional license or sometimes a certificate from the Chamber of Commerce is sufficient. If the business is not a company and operates within refugee camps, a profession certificate issued by the Popular Committees in the camps is required. If the project is agricultural, a farmer's certificate or agricultural holder certificate issued by the Ministry of Agriculture is sufficient as it is the regulating authority for agricultural work. Copy of the financing applicant's ID Ownership certificate or lease contract for the project site. Project Financial statements for the last 3 years. If the project is newly established or under establishment, a feasibility study must be provided. Quotations for goods, equipment, or machinery to be financed. What is the appropriate financing percentage for the project? The financing percentage can reach up to 85% of the project value. Several factors play a significant role in determining the financing percentage: Is the project existing or start-up? The size of the capital compared to the required financing, where the higher the capital size, the higher the financing percentage, and in some cases, it can reach up to 100%. Purpose of financing: For example, if the financing application is for the purpose of purchasing used devices and equipment, the financing percentage is usually 50% of the price quote, and if the devices and equipment are new, the financing usually ranges from 70% to 85% of the quote to be financed. What are the basic objectives of the financing and is the project able to repay during the coming periods? Developing existing projects by providing the necessary financing, both to finance working capital and to finance the purchase of goods, equipment and machinery. Reducing unemployment by financing new economically viable projects whose owners have sufficient experience, skill, and knowledge to make the project successful Raising the income level of entrepreneurs and their workers. Raising the capacity of projects to become more resilient in facing crises and recovering from their effects. Is it feasible to obtain financing? How to manage the financing obtained? The extent of the feasibility of financing depends on the extent of revenue or savings in expenses and costs that financing can create. For example: If financing is expected to result in the purchase of equipment that will improve the quality of the service provided and thus increase sales and revenues by a significant amount or exceed the increase in costs. Financing: In this case, financing is recommended. Another example: If purchasing the project site through financing will give the facility the opportunity to cancel the lease expense that would have been paid if the lease was continued, and at the same time the financed property will be recorded as part of the project’s assets, in this case financing is also recommended because it has achieved savings and increased the size of the assets. Conditions to Get Financing: Availability of income from the project capable of repaying installments. Acceptable credit report for the client. Proof of the client's contribution percentage to the project. The client must have sufficient experience to manage the project. Provide all required documents.
The financial management of the project is an important part of the management of the project. It depends on the good planning of the project budget, the organization of the financial operations, the control, and monitoring of the movement of funds that achieve the objectives of the project, and ensuring timely payment of dues to its owners. 1. Financial planning: Financial planning is an important part of financial management and business success; Because it identifies all the processes that relate to the financial management of projects and makes thoughtful plans for how to deal with them, as well as good financial planning, helps the project owner make the right decisions so that he can achieve legitimate goals in the current short term and the long term ahead. 2. Financial flow control: Managing a business financially helps you monitor your cash flow in terms of expanding or shrinking your business. For example, good management planning avoids a decline in the enterprise's working capital, which can cause an inability to pay employees' wages and benefits. 3. Financial risk management: Financial risk management is a number of methods used by the project owner in financial analysis with the aim of identifying, measuring, controlling, and reducing the effects of risk. These methods help you avoid losses, reduce the costs of problems if they occur, and also enhance the stability of profits.