Know the Difference Between a Name and a Trademark

 

Business owners should be aware of the difference between choosing a name for a new company and registering a trademark for your business and/or product. 

The process of choosing a name for a company is necessary when creating a corporation or LLC (limited liability company). Once you have chosen a name, you should check your state’s Secretary of State website since many have searchable databases you can use to determine if the name is already in use.  If the name is clear, the new company...

Cutting Corners With Contracts Can Cost You

 

Running a company is a massive responsibility, so putting a lot of thought and effort into your contracts might be pretty low on your list of priorities. But giving short shrift to your legal agreements can cost you big time—and in more ways than one.

In order to save time and money, you may be tempted to use cheap, fill-in-the-blank legal forms you find online, rather than having a lawyer prepare—or at least review—your legal agreements. But taking the do-it-yourself (DIY) route can put your company in...

The Real Cost To Your Family: Having No Estate Plan At All

 

When it comes to putting off or refusing to create an estate plan, your mind can concoct all sorts of rationalizations: “I won’t care because I’ll be dead,” “I’m too young,” “That won’t happen to me,” or “My family will know what to do.”

But these thoughts all come from a mix of egoic pride, denial, and above all, we imagine, a lack of real education about estate planning and the consequences to your family. Once you understand exactly what planning is designed to prevent and support, you’ll...

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