Tag Archives: legal

Learn To Protect Your Intellectual Property

Established & Growing Businesses, Innovation & Creativity, Regulations & Legal, Start Ups, Technology & Online, , , , ,

A small business’ total offering that they provide to customers includes 3 critical pieces:

1. Product: A product can be anything that is tangible. Examples include nail polish, food, or a backpack.
2. Service: A service is an activity that is done for you. Examples include getting your nails done, being served at a restaurant, or having a porter carry your bags to your room at a hotel.
3. Intellectual Property: Intellectual property is the knowledge and information that your business has that allows you to deliver the product or service differently than the competition. Examples include getting a back massage while your nails dry, the recipes of the food you eat at a restaurant, and the design of a bag or backpack.

The main ways to protect intellectual property including copyrights, patents, trademarks, industrial design, and trade secrets is covered in the video by a leading law firm, Miller Thomson.

Get Customers To Pay & Collect When They Don’t

Established & Growing Businesses, Finance & Accounting, Management & Human Relations, Operations & Efficiency, Regulations & Legal, ,

Getting cash in the door can help a small business significantly. Not having the cash means that you could be paying interest to someone else. Not having the cash means you might not be able to have as much inventory available to sell or start a marketing campaign when you wanted. So getting cash in the door earlier rather than later can help.

Secondly, what happens if the cash never shows up for a service rendered? We spoke to a paralegal, Allison MacSporran, to get her take on how to avoid this scenario.