Legal Considerations

  • 5 Home-Based Food Business Don’ts You Wish You’d Learned Before Advertising

    Reading Paula Deen’s life story might have you wondering if you can start a food business from home. What propelled Ms. Deen from near poverty in 1989 to national stardom in 2002 is a Cinderella story, but imitating it might land you in hot legal...
    By Sylvia Cochran August 26, 2011 

  • Are Patents Worth the Cost and Effort? What Do They Protect Anyway?

    A patent is a set of exclusive legal rights conferred on the inventor of an invention, to make, use, and sell the invention. It prevents others from copying or commercially exploiting the inventor's intellectual property when he makes it public.
    By N Nayab August 20, 2011 

  • How to Prevent Imitators From Copying your Recipe

    Recipes are usually copyrighted rather than patented, but nothing prevents one from patenting a recipe. Patent laws are, however, complex, and filing for patents at the U.S. Patents and Trademark Office (USPTO) is a challenging task. The USPTO...
    By N Nayab August 15, 2011 

  • What Are the Different Types of Business Entity Structures?

    Corporations are most easily defined as the structure under which a business operates. S Corporations and C Corporations have different requirements as defined by the Internal Revenue Service though both provide the shareholders with similar protections...
    By Finn Orfano August 13, 2011 

  • Proceeding When a Business Fails

    It is not an easy decision to close a business. There are required steps that must be adhered to when doing so. When dissolving a corporation, the parties involved are required to file specific documents with the state and with the Internal Revenue Service...
    By Finn Orfano August 13, 2011 

  • Buying an Existing Business? Is the Intellectual Property Worth the Money?

    If you’re buying an existing business and have some intellectual property (IP) that comes with the purchase, how do you determine if the IP is transferrable? What if the IP is a license about to expire if you don’t spend money...
    By Jean Scheid July 31, 2011 

  • Definition of Intellectual Property: It May Not Be What You Think

    Do you know the real meaning of intellectual property? It doesn't mean your bookshelf, or even all the books you've read. It is rights to things you create or invent yourself; trademarks and trade secrets, symbols, marks, images and the...
    By Rebecca Scudder July 22, 2011 

  • Does Your Small Business Comply with OSHA Standards?

    Want to know the secret to a successful business? One of the keys to a successful business is the safety and health of its employees. OSHA requirements assure the safety and health of America's workers by setting standards for large and small...
    By Caryl Cress Ramsey July 13, 2011 

  • Advantages of S Corporations

    When it comes to business entities, the advantages to S Corporations seem to blend the best of both worlds. Read more to learn all the advantages of an S Corporation, including tax and liability for business debts.
    By Sandi Johnson July 11, 2011 

  • How Do You Value Intangible Assets and Intellectual Property?

    What is intellectual property and how does one go about valuing it? If you want to buy or sell an existing business, intangible assets such as the company’s name, logo and even telephone number do have value to the new owner and if you sell...
    By Jean Scheid July 4, 2011 
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