As a startup founder, you rack your brain all day trying to attract and retain talented employees. Instead of burning through your funding by providing solely monetary compensation, it’s always a good idea to consider equity grants.
Managing Intellectual Property Ownership as a Business Owner
Many business owners don’t put a lot of thoughts into their Intellectual Property (“IP”). However, it’s never too early to start managing your IP when you decide to hire new employees or independent contractors. You would get their help to create patents, design products, market your brand and build up your clients. At the same time, it’s critical for the business owner to retain proper ownership of these IPs to avoid unnecessary losses and disputes down the road. This article will help you plan your IP wisely as a business owner.
What a small business should do to protect their IPs?
Have you noticed that Intellectual Property takes up a much larger portion of a company’s asset than 50 years ago? That’s definitely true! Your inventions, your source code, your brands and your know-hows have become your most valuable asset.
To start your business, it’s crucial for you to understand how to protect your IPs. This article will help you understand the basic knowledge to file a patent, what creations are copyrightable, and how to obtain and maintain your trademark.
What makes a strong Trademark for your business?
To start a business, you could choose any word, name, symbol, device, or any combination to identify and distinguish your goods or services. However, there are some pitfalls you might like to avoid. You probably don’t want to spend thousands of dollars on advertisement until you find your trademark cannot be protected. This article will help you to choose a strong trademark for your business at the front stage.
What Kind of Entities to Choose For Your Company?
Startup businesses often ask: Which entity should I choose? Different lawyers may have different perspectives. The difference between starting a company that may potentially go IPO and managing a Bakery Store is huge.
NDAs: why, how and what do you usually fight about?
When we started to pitch to potential investors for our seed round, the question immediately became very real: do we…
Independent Contractors vs. Employees and Why It Matters
What makes an employee different to an independent contractor?
Most Common Legal Mistakes a Startup Can Make
1. Not choosing the right legal entity. Sole Proprietorship? Usually not the best recommended entity if you want to shield your…