Browsing Tag

copyright

15 posts
intellectual property rights
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What Every Business Needs to Know About Intellectual Property Rights

Intellectual property (IP) – intangible creations such as inventions, ideas and processes – covers some of the most valuable aspects of a business, yet many treat it as an afterthought. While IP law can be complex, confusing and overwhelming, it’s important to have an understanding of your rights, and luckily, the basics are fairly simple....
trade secret
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Can a Trade Secret Protect Small Business Ideas?

What are the best ways to protect a business idea? You can protect intellectual property (IP) using one of four methods. The three most common protections are filing for a trademark, copyright or a patent. The fourth form of protection is a trade secret, and a trade secret can, indeed, protect small business ideas. What...
software startup unicorns
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What Do Software Startup Unicorns Like OneStream and StockX Have in Common?

OneStream and StockX are two of the most recent unicorns to emerge out of Detroit’s thriving startup ecosystem. OneStream provides B2B corporate performance management (CPM) software, while StockX offers resellers a marketplace to sell shoes, electronics and other products. Despite differences in their products and target audiences, the two companies likely followed similar intellectual property...
intellectual property
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Intellectual Property Considerations for Your Startup

Starting your own business is a new and exciting challenge that can be rewarding, but overwhelming. From the beginning, it’s important to consider the intellectual property associated with your business and ensure its protection and availability for use. There’s nothing worse than building a business and a brand around a name, later to find out...
intellectual property
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Securing Your Startup’s Intellectual Property Rights: Patent vs. Trade Secret

Entrepreneurs and emerging companies often look for ways to protect their valuable assets. They want to secure their ideas and ultimately enforce their rights around them. Traditionally, there are four types of intellectual property rights: patents, copyrights, trademarks and trade secrets. Patents and trade secrets are the two types of intellectual property rights that protect...
sued
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What to Do If Your Startup Gets Sued

Lawsuits and business, unfortunately, go hand-in-hand. Every week, there’s something in the news about a major company being sued for a variety of reasons. LL Bean, for example, was sued by a customer for changing its lifetime return policy. While mega-corporations have teams dedicated to fighting such battles, startups and entrepreneurs might not. That’s what’s happening...
trademark
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What’s the Difference Between a Trademark and Copyright?

For entrepreneurs starting their first company, it’s easy to get confused with some of the small business jargon that comes with the territory. One of the most common mistakes is mixing up trademarks and copyrights. Which is which and what do they do? Do you need both or just one for your business? Let us...
side hustle
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How to Prep Your Side Hustle to Become a Full-Time Business

For many entrepreneurs, there comes that inevitable moment where balancing a full-time job with a growing side hustle just can’t be done anymore. It is time to take the next step and transition out of the traditional 40 hour workweek in favor of becoming an entrepreneur and growing your small business. Don’t let the calm...
Business decisions
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2 Essential Business Decisions Many Entrepreneurs Misunderstand

Starting a business for the first time can be scary, and not knowing what to expect can make the unpredictable nature of risk seem as big as the Grand Canyon. If you’re lucky, you’ll have friends and colleagues who can guide you along the way. Or, you can hire a business coach who has achieved...
Trademark
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4 Ways to Protect Your Intellectual Property

Protect your intellectual Property Many business owners are often quite surprised to learn that they own significant intellectual property. Although intellectual property is often associated with technology and patents, it also includes trademarks (words, phrases, designs), copyrights (movies, books, songs), and trade secrets (Coca-Cola® formula). The infographic below describes the four types of intellectual property...
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Making Deals with Copyright Owners: How Tech Entrepreneurs Can Postpone Expensive Payments

Making deals with copyright owners and postponing payments Entrepreneurs in the tech area are understandably concerned with getting their product to market but it’s often done using a business model full of potential legal problems. While the excitement of a good idea and the technological challenge of implementing it can be exhilarating, neglecting the related...
Hundred-Dollar Bills
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Making Deals with Copyright Owners: How Tech Entrepreneurs Can Postpone Expensive Payments

Tech Entrepreneurs Can Postpone Expensive Copyright Payments Entrepreneurs in the tech area are understandably concerned with getting their product to market but it’s often done using a business model full of potential legal problems. While the excitement of a good idea and the technological challenge of implementing it can be exhilarating, neglecting the related business...
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Copyright dangers lurking in your staff’s work product

Did you know that you might have some serious intellectual property issues lurking in the work product your staff has created for you?  When I say "work product" I mean sales pages, brochures, website copy, logos, videos created for you, white papers, ebooks or even books!  The reality is that you might not even own...
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ARRRR Matey! Design Piracy Act Hopes to Smooth the Seas for Designers

“Knockoffs” and “Copycats” are too often part of the hard knocks high fashion deals out to young designers.  Years spent perfecting the fit of a signature cocktail dress can be stolen overnight by a larger, more established company with lower price points.  Your signature cocktail dress is now mass market and you won’t see a...