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No Business Too Small for IP Protection
As a small business owner, it can be daunting to consider the process of protecting your business ideas. For many, intellectual property is a new level of asset protection with a patent or even a trademark or copyright. You’re busy, and you are likely focused on many...
Should You Change Your Business Entity Status?
In the early days of your business, you likely filed your company as a sole proprietorship or LLC. While that status might have been ideal during the start-up phase, your business entity status might not make sense for your emerging business as it grows and changes....
An Attorney Should be Part of Your Small Business Growth Strategy
As an entrepreneur, it is tempting to try to handle everything on your own, but there are some business functions that make sense to outsource so you can focus on business growth. Those key functions include accounting, insurance, and legal counsel, among others. Does...
Existing Debt and Raising Capital
Before you launch a capital-raising campaign for your emerging business, call your attorney. It is crucial to have your small business attorney review your existing financial agreements. An experienced professional will review for any requirements or hidden issues...
Work-for-Hire Agreements and IP
If your new product or service hinges on the work of employees, you need a work-for-hire agreement. In short, these agreements clearly delineate that any product developed by an employee becomes the intellectual property of the company, not the employee. Work-for-Hire...
Be Aware of Enabling Public Disclosure
If you are still in the product development phase, you should be careful about how much information you share in public venues. Oversharing, also known as enabling public disclosure, can impact your ability to patent your product later. Disclosure If you display your...
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