There’s never a bad time to address and mitigate any of the potential risks that your business faces, but the new year is a particularly apt time for most people to reassess where their attentions and efforts have gone and where they should go in the coming months. It’s a chance for all of us to do better and correct the mistakes of the past, and for businesses, it should provide an opportunity to gain a handle on that most vital part of any company’s past, present and future: intellectual property.
What Do I Do If My Business Has Financial Problems?
This is a guest post from David Krekeler of Krekeler Strother, P.C. and was originally featured on the Krekeler Strother blog.
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Will I Be Liable for the Debts of a Business That I Inherit?
This is a guest post from David Krekeler of Krekeler Strother, P.C. and was originally featured on the Krekeler Strother blog.
Continue reading “Will I Be Liable for the Debts of a Business That I Inherit?”
Disney’s “Hakuna Matata” Trademark Faces New Scrutiny
Few things can become as iconic as a catchphrase in a popular movie, and few things are as certain as movie studios looking to cash in on the popularity of their films in any way possible, especially when that studio is the commercial and cultural behemoth that is Disney. One doesn’t need to look far to see how they’ve established themselves at the forefront of our cultural consciousness and, crucially, quite near our wallets as well. And for the tremendous benefits that the company has accrued itself through its aggressive branding, it has made missteps in its quest towards cultural domination.
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Fortnite Enters Legal Battle Royale Over Alleged Dance Theft
In the long tradition of youthful cultural crazes, Fortnite is the latest entry in a pantheon of things that, like sounds at a particularly high frequency, are lost on those over a certain age. For those as yet unaware, Fortnite is an online mulitplayer battle-royale game that is currently consuming the free hours of young people he world over. In addition to being all-consuming for kids, it’s highly profitable for its creator, Epic Games, who reportedly brought in $3 billion in profit last year.
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Protecting Your Innovation, Part 1
For entrepreneurs and others involved with small businesses and startups, there is a lot of hard work that goes into trying to make the business a success. You spend long hours and untold effort into building a strong foundation for your company. Along the way, you undoubtedly make personal sacrifices to try and achieve your goals, missing out on time with friends and family to put the extra time in that will hopefully pay off in the long run. For founders and others who care deeply about the fortunes of the company, there is almost nothing within reason you wouldn’t do to make sure that your company’s future is secure.
Protecting your Innovation, Part 2
You can read the first part here.
Create A Solid Foundation for Your Business
For many entrepreneurs, the prospect of starting their own business inspires a mix of both excitement and fear. Being a business owner offers the opportunity to be your own boss and make your dreams a reality. But it also offers the opportunity for mistakes and potentially failure for which you are ultimately responsible.
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Spotify’s Expansion Into India Slowed Over Licensing Problems
Intellectual property concerns and copyright law are big, important matters; we’ve preached that message in this space for years. Despite our messaging, that importance is often up to the interpretation of the reader; is it on par with getting insurance, or securing funding for your company? (Both important, by the way.) In many cases, it seems as though concerns over IP don’t often rise to the level that they should, as potential issues to grind any company to a halt.
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Mitigating Business Risk
Most of us don’t like to consider it, but risk is a fact of life. We take chances every day, some greater than others. None of us know what the future holds, and that can be a frightening thought. But consciously or not, we all find ways to try and mitigate that risk. We lock our cars and homes. We drive within a reasonable range of the speed limit. We exercise and visit the doctor to try to stave off illness. And yet none of these things can completely prevent us from falling victim to unfortunate circumstances Part of life is learning how to live with risk, and the same can be applied to the business world.