In the world of intellectual property rights, it's crucial to understand the differences between patent and trademark infringement. Both patents and trademarks can provide legal protection for valuable assets, but they serve distinct purposes and cover different...
Many businesses thrive because owners sought out a partnership. Are you considering a business partnership? You shouldn’t rush into a partnership with the first person who’s willing to work with you. You may need to think about the following: 1. Why are you forming a...
Trade secrets are often among the most valuable intellectual property held by a business. An organization's trade secrets could include proprietary recipes or manufacturing processes, contractor rosters and any other non-public information that gives the business some...
Fair, Reasonable, And Non-Discriminatory licensing, or FRAND licensing, refers to a voluntary agreement between a patent holder and a manufacturer that allows the manufacturer to use the patent holder's technology, typically about standards-essential patents. SEPs are...
When two or more people form a business partnership, the goal is to combine skills, knowledge, and resources to make a profit. Typically, most successful business partnerships are built on trust, but unfortunately, things don’t always go as planned. Sometimes, one of...
When forming a new business, you have decisions to make and risks to evaluate. Many entrepreneurs tend to focus on financial risks, but those are not the only hazards that might threaten your operations. Legal risks are present from the formation of a business...
If you’re starting a business, then you need to determine how you will handle difficult clients. Remember, even the most reputable businesses encounter difficult customers. It may be hard to remain positive when you face a difficult client. However, if you don’t deal...
Intellectual property rights can make or break a company. If an organization has invested in purchasing licensing rights or hiring creative professionals to produce original works, then protecting their interest in and control over those works will be of the utmost...
Starting a new business can be a rewarding endeavor, but it’s one that also takes considerable work. For some individuals who want to open their own company, financing is a major hurdle. People turn to various ways of getting the funds they need, including taking out...
You probably thought carefully before selecting the current legal structure of your company. Your chosen entity may continue to meet your needs, but that doesn’t mean a change in business structure cannot improve things. Fortunately, business structures are not etched...