Earlier this year I had the great pleasure of being interviewed on the Arkansas World Trade Center GATEWAYS Podcast. We had a blast talking about what makes a business succeed where others fail. Doing business on the world stage is no different. The same legal secrets apply. BODACIOUS Secret No. 2: Select The Right Business Entity
Thank you Sam Cushman, Denise Thomas, and the Arkansas World Trade Center for a great conversation!
Read MoreIt may (or may not) come as a surprise, but over 50% of small businesses fail within the first four years of existence. The leading causes of failure include a general lack of knowledge in running a business, lack of subject matter expertise, and neglect or fraud. Statistics also show 30% of startups tend to break even, while another 30% continually lose money.
Read MoreIt may come as a surprise to many, but most ideas, concepts, and formats are not per se protectable as forms of intellectual property, which means these forms are free for the taking unless an entrepreneur takes additional steps. The steps an entrepreneur can take to protect ideas, concepts, and formats involve utilizing confidentiality and non-disclosure agreements, and/or protecting the expression of the idea through the copyright, trademark, and patent process.
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