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 […]