Intellectual Property Is the Lifeblood of Your Business

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What is intellectual property? Basically, this term refers to any creative ideas an individual comes up with. From a written document to a new invention or a software application, intellectual property spans the entire range of creative and artistic works. Why is intellectual property so important to your business? This is what gives you a […]

Why You Need to Have an Invention Assignment Agreement with Your Programmers

When it comes to protecting your intellectual property (IP), there are many business contracts and agreements that need to be addressed. One of the most important is an Invention Assignment Agreement, especially if you have someone else coding key applications for your company. Here are 2 important reasons why. 1. Avoid Ownership Issues When a […]

Should Your Small Business Incorporate?

Most small businesses start out by operating as a sole proprietorship. You may have filed for a fictitious business name (called a DBA in some states) so that no one else can use your business name and you can do things like setting up a bank account in your company’s name. However, there are many […]

Small Business Legal Playbook|Play #11: “The Escape Strategy”

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Welcome back to another week of the Small Business Legal Playbook! Play 11 is titled “The Escape Strategy.” No one likes to start thinking about leaving a business when they’re just starting one. We’ve spoken in weeks past, in previous Plays about several different topics. This week, we’ll discuss an issue with creating an exit […]