Whether you’re starting a new business or thinking of changing an existing business’s structure, you’re likely familiar with the terms “LLC” and “S corporation.” These are the two most common business entities in the U.S., and most entrepreneurs end up choosing between
Have you developed an original idea for a new service or product? If so, you’re now facing a dilemma. The easiest way to make money from this idea is to license it to another business that will invest in producing, marketing, and
If you’re registering a patent, you’ll likely come upon the words “collateral estoppel.” This is a legal doctrine intended to encourage consistent rulings in cases that have identical facts. However, it’s worth noting that the rule can work against the patent owner
If your business is developing products, you’re likely familiar with an aspect of trademark law called trade dress. Trade dress is an essential part of ensuring that your product’s look and feel won’t be copied or infringed on. Here are the main
Running a business comes with many responsibilities, but few of them are as important as handling legal issues. Unfortunately, there’s a common perception that hiring a business lawyer isn’t worth it unless you’re being sued. It’s a tempting myth to believe, as
When it comes to intellectual property (IP) protection, nothing beats copyright. As soon as a work is written, typed, or recorded, it’s granted copyright protection, allowing the creator to claim it as their own and prevent any unauthorized use. Protecting creative works
Getting served with a cease and desist letter can be a stressful experience, particularly if it’s your first time receiving one. Though it’s not a legal document, this letter could lead to a lawsuit if you don’t respond to it in a
Does your business create original assets and/or materials? If so, you’ve likely already given some thought about how best to protect your intellectual property. The two main ways to protect your work are copyrights and trademarks. Though many people believe these
Our brains respond differently to names over other words that are generally used but lack any well-established association. Endorphins excite our brains when we hear the sound of a name with which we have established a positive recognition. Such a positive
Which Legal Structure Is the Right Fit For Your Business KNOW WHAT STRUCTURE TO CHOOSE WHEN FORMING YOUR BUSINESS One of the first things you’ll need to do when creating a business is to choose the right legal structure for it. This