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October 2017 Archives

What should you do before creating a business plan?

It's easy to believe that you should dive right into creating a business plan. On top of this, it's good to get excited about this aspect of launching your company. However, before you get too far ahead of yourself, there are some things you must first do.

Intellectual property: Trademarks, patents and copyrights

The terminology intellectual property refers to a protection of any creation that an individual has been inspired to make. Intellectual property laws protect against someone, who didn't create that work, from taking it and financially benefiting from it as if it were his or her own. It's believed that by having intellectual property protections in place, it helps spawn both social and economic development of society.

What is intellectual property?

As you form your business, a top priority is protecting it from thieves and copycats. You do this by using such legal tools as copyrights, trademarks, patents and agreements on confidentiality, noncompetition and licensed use.

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