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If you are thinking of starting a new venture, one of the most important decisions to be taken is how you will go about incorporating your business. Although incorporation can be a longer and more expensive process, as compared to setting up a sole proprietorship or partnership firm, it does have several advantages. Needless to say, incorporating your business is an extremely important activity, and must be embarked upon after careful consideration. |
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Statistics say that for every idea that you have, 200 people world wide would have the thought of the same idea! So that puts an end to the myth of originality. In such circumstances its always advisable to put your idea in record in your name. So go in for an idea patent. Otherwise you have no claim to ownership of the idea, service or product you've worked on. |
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Here's what you need to know about trademarks.
Even though all starting businesses need one or more business licenses and tax ids before legally starting business operations, another consideration when starting a business is the trademark of the business name, product or service. After reading this article you will know what is a trademark and whether you need to register one. |
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Over the course of humanity, every discovery has yielded more questions as we continue to explore new territory. As we continue to explore the frontier known as cyberspace, and discover new ways to use the medium, we are opened up to more ethical dilemmas and questions. Intellectual property has always been a thorny issue. The internet however raises new problems for businesses and individuals seeking to protect their intellectual property. With the easy access to information, protecting your IP is a virtual minefield. |
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