What To Do When Your Idea Is Stolen
Stolen ideas are hardly a new trend in the business world. Whether it’s a stolen song lyric, software feature, or clothing design, many companies have seen competitors profit from stolen products or ideas. Although intellectual property theft may seem intangible, there is plenty of risk and loss involved, especially for small businesses. Even in one […]
The Difference Between ® and ™ and Why It Matters for Your Product
Intellectual Property (IP) is all about protecting your products. A simple way to do this is by trademarking your products. The trademark symbol, ™, and the registered trademark symbol, ®, indicate trademark rights exist in a mark. However, recognizing the distinctions between them is critical, so you’ll want to learn about IP Law as a […]
Tips for Closing a Business
If you decide to close or sell your business, you are certainly not alone. According to the Small Business Association (SBA), only about 50% of companies in the U.S. survive their first five years in operation. The factors leading to the closure of a business could include poor planning, a lack of capital, tough competition, […]
Everything You Need To Know About IP Law as a Business Owner
Intellectual property (IP) consists of ideas and other creations of the mind. Examples can include artwork, designs, inventions, or discoveries. Intellectual property is intangible, so defining ownership can be complicated. However, there are several different options if you want to protect your ideas, designs, or methods. These include trademarks, copyrights, patents, and trade secrets. Protecting […]
Tips for Starting a Business
More than 99% of the businesses in the United States are small businesses. If you’re looking to start a small business, you’re not alone — roughly 4.35 million new business applications were submitted in 2020. Starting a new business can yield a variety of benefits. You’ll be able to choose your own hours and generate […]
Trademark Infringement: Definition and Examples
Trademark infringement occurs when a person or company uses a trademark (a brand name or logo) without permission from the owner of that trademark. Perpetuating trademark infringement, or being a victim of it, can seriously affect a business. It can also confuse consumers about the source of goods and services. If trademark infringement continues, this […]