There’s no doubt that intellectual property can set your business apart from your competitors. However, intellectual property is often only as valuable as it is policed. If you don’t catch a trademark infringer, for example, then you won’t be able to stop them and...
Month: June 2020
4 questions to ask when evaluating a franchise opportunity
For many, opening a franchise location can be a great business opportunity. However, prospective franchisees need to carefully evaluate these new opportunities to determine if they really live up to that promise. What is the market’s potential? First and foremost, you...
Benefits and drawbacks of forming an LLC
When forming your small business, there are a few paths you may take. Among them is the Limited Liability Company (LLC) structure. This is a common choice for entrepreneurs and business owners who either bear sole decision making or do so with one or two partners....
Reasonable non-competes protect business interests
It is common for employers to use non-competition agreements. These documents’ goal is to keep company information and trade secrets from falling into competitors’ hands as well as to protect the business’s reputation. However, these sometimes are at odds with a...
Tactics businesses can use to negotiate with suppliers
Many companies today find that dealing with suppliers has become quite challenging. Many suppliers dominate marketplaces, naming their prices and forcing in markets bereft of options. Many businesses may feel helpless when negotiating with these intimidating...
