Doesn’t matter if you cut hair, write copy, manage money, create websites, sell t-shirts, or coach executives; you actually are selling an idea, and that idea has value. To be able to charge more money than your competitors and to build value in your business, you may use formal methods of protecting your ideas such […]
You may reference “trade secrets” in your non-disclosure agreements (NDAs) with employees, contractors, and joint venture partners. But can you identify the most important trade secrets of your business, and do you know why they are important to you?
If you’re starting a business, you’re probably heard that you need to form an LLC or Corporation to protect yourself from risk. But really, that’s not the first place you should start. Here are 14 do-it-yourself steps to reduce the risks of owning a business . . . and most of them don’t require hiring an […]
I know there are lawyers and information marketers out there who will say that how to not get sued is about having written contracts, forming a LLC, or “investing” in their latest membership program. Nope. It’s much simpler than that.
People are vital in growing your business. I won’t say your people are the “most important asset” of your business—because people are not things—but your business will succeed or fail based upon the people who are involved. Some of those people are clients and customers, some are evangelists and supporters, and some are your staff, […]
I get *so annoyed* by these companies who are trying to defraud every business owner who files to incorporate, form a LLC, or get their DBA. Don’t fall for this!
Do you want your customers to be bound by your terms of service agreement when they buy a product off your website? Here’s a quick tip to make that much more likely.
About half of my new clients wonder if they should incorporate in Delaware or Nevada, probably because they’ve read something online or heard from a colleague one of these two myths. Myth #1: If I form my corporation or LLC in Nevada, then I can avoid income taxes. Nope. This only works if you’re physically […]
Wonder why sometimes the trademarked name of a product, a tag line, or logo will have a ® afterwards, and sometimes a ™? In this 2 1/2 minute video, I explain the difference between ® and ™ and why you might want to use one versus the other to protect the trademarks of your small […]
It’s very common to be confused about the difference between a copyright and a trademark, so if you’re asking that question, you’re not alone! Copyrights and trademarks have very different purposes in the law, even though they both end up being important assets of a business. The purpose of a copyright is to protect the […]