The value and success of a business often rests on the ability of the principals involved to make and enforce contracts with third-parties. However, if the person who entered into […]
Continue reading…Use of Non-Disclosure Agreements
As a small business owner, it is essential to protect sensitive information that is often referred to as trade secrets. While some well known examples of trade secrets include the […]
Continue reading…The Benefits of Incorporating in Safe Haven States
Many business owners believe it’s best to incorporate in their home state, but there are often business and tax advantages available in other states. In particular, Delaware and Nevada are […]
Continue reading…What Does “Goodwill” Mean When Buying a Business?
Goodwill is an asset that is an intangible part of a business being purchased. In spite of its intangibility, goodwill may be worth more than concrete assets, such as property, […]
Continue reading…Why Your Business Needs an Email Policy
In the contemporary workplace, email is an essential and efficient form of communication. Whether it’s used internally among staff members, or for exchanges with vendors and customers, email is a […]
Continue reading…Patents
Inventors have a right to protect their inventions through the United States Patent and Trademark Office (USPTO). With the creation of a device come a bundle of property rights issued […]
Continue reading…Non-Compete Agreements – Are they enforceable?
Courts typically disfavor “covenants not to compete” or “non-compete agreements.” Therefore, the terms and provisions of these contracts must not be overly restrictive of the employee. In order for a […]
Continue reading…Trade Secret Vs. Patent Protection
Many business owners wonder which type of Intellectual Property protection is the best fit for their business purposes? A “trade secret” is intellectual property that is kept private in order […]
Continue reading…Oral Contracts & The Statute of Frauds – Is the Agreement Binding?
There is a widespread misconception that verbal contracts are unenforceable. Nevertheless, a contract made orally with another party, without embodying the particular terms in a signed writing, can still be […]
Continue reading…Copyright Protection and Fair Use
Authors often want to understand the eligibility of their writings for copyright protection. Legal copyright registration provides the copyright holder with a collection of special rights. Under the U.S. Copyright […]
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