In the first part of this series we discussed different strategies entrepreneurs can use to protect their business and personal assets. Here, we’ll look at two final ways entrepreneurs can achieve asset protection. No matter what line of business you are in, the reality of being a successful entrepreneur is that you open yourself up […]
No matter what line of business you are in, the reality of being a successful entrepreneur is that you open yourself up to a number of unique risks—and the more successful you get, the more risks you face. Asset protection planning is intended to reduce or eliminate the risks of being in business by shielding […]
Given that intellectual property (IP) can make up a significant portion—sometimes up to 90%—of the total value of today’s companies, it’s essential that you do everything you can to protect these intangible assets. And one of the first IP elements you’ll want to protect are your company’s brand name and logo. To safeguard these brand assets, […]
Exiting your business isn’t a decision to be made lightly. It may have been something you were considering before 2020, or it could have been something that you’ve had to reckon with because of this year’s unforeseen events. Maybe your business had already been struggling prior to this year, and you’ve had to come to […]
Globalization and digital technology have made the world seem like a much smaller place. And though the enhanced ability to reach international markets can be a major advantage for your business, it also opens up new complications with intellectual property rights. This is especially true when it comes to foreign trademark infringement. Trademarks are used […]
Nearly every week, the news is filled with headlines announcing that some big company lost or was forced to settle a lawsuit for mega millions. While big-name corporations may be able to survive such litigation relatively unscathed, for small and medium-sized businesses, just a single lawsuit could sink your entire operation. Even if your company […]