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6 Ways to Make Your Limitation of Liability Clause More Enforceable
We can agree that everyone wants to manage risks by limiting their liability in potential lawsuits or other claims. A limitation of liability is an excellent way to shift the risk to the other party in the contract and is generally an excellent solution to limit the...
6 Ways to Make Your Limitation of Liability Clause More Enforceable
Everyone wants to manage risks by limiting their liability in potential lawsuits or other claims. That is why limitation on liability clauses are so important. But some question the enforceability of liability cap provisions.
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Intellectual property is a vital part of a businesses’ bottom line. The reason? It’s where most of your company’s brain power goes, and that exact brain power used to build your business is what makes your business more and more valuable. We’ve discussed this topic...
How do we create a brand worth millions? Bikram Choudhury did just that with his style of hot yoga called Bikram, which you’re probably familiar with. Bikram consists of a series of 26 posture exercises (asanas) and two breathing exercises performed in a room heated...
The U.S. Patent and Trademark Office (USPTO) has some great news for business owners looking to protect their potential trademarks. As of January 17, 2015, the USPTO will reduce trademark filing fees for electronic trademark applications and renewals. Electronic...
The holiday season is upon us, and with it comes a lull in sales for some small businesses. Which is why it’s a great time to to start thinking about ramping up your sales strategy for the new year. But how? Differentiate yourself Standing out is really what it’s...
Information is becoming easier and easier to access and distribute, making it harder to safeguard your intellectual property or product ideas from theft and copying. Whether you are a start-up or a multinational company, taking steps to protect your intellectual...
In today’s market you may be able to get an edge over the competition if you can find a way to profit from your intellectual property or someone else’s through licenses and partnerships. In a typical licensing agreement, the licensor grants the licensee the right to...
So you’ve got your business up and running, and maybe it’s not perfect but you’re working hard on improvements to your products, services, and strategies. If you’ve been at this for a while (or even if you’re just starting out), you’re probably wondering if you’re...
Two of the most enticing things about an LLC is that it prevents business owners from being personally liable for things related to the business, and it provides pass-through tax status. It also has fewer formalities and requires less legal documentation.If filing as...
Your business needs change over time. When it comes to your business structure, the ideal thing is to pick the right one from your first day in business, but you might have decided to keep things simple at the beginning. It’s often hard to anticipate your business...
First, let’s clear up the differences between angels and venture capitalists (VCs). The two main distinctions are: Angels invest their own money; VCs invest other people’s money. Angel investment is more likely to be in the hundreds of thousands, while VC investments...
Leveraging Products, Sales Process, and Social Media Okay, everyone’s talking about the importance of scalability with your business, but what does that really mean for you? The short answer is that you want your business to be able to turn a profit without you having...
According to Forbes, 8 out of every 10 businesses fail within the first 18 months. The main reasons start-ups don't succeed are: 1) Simply not having enough cash, and 2) Not having a profitable business model with proven revenue streams Whether you’re a first time...
There are a few different trademark symbols out there, and using them properly can be pretty crucial for your business. For example, if the owner of a federally registered trademark uses the ® symbol, then anyone who infringes on the mark will be considered to have...
You have a new business, amazing! Now you want to cover your assets with a business structure that keeps you and what you own separate from your business. That’s the kind of peace of mind business owners need to succeed, which is why incorporating is a critical step...
If you’ve started a business, developed a new brand, or thought about re-branding, you know finding the perfect name takes time and energy. As entrepreneurs we obsess over this because it really does set the foundation for the brand. Without a solid foundation things...
Before I dig into this issue, let me start by saying that you should always have your attorney draft a split fee agreement for joint works, and a licensing agreement when you’re allowing others to use your copyrighted works. But let’s review what you can do in case...
In his Spring/Summer 2014 line of Just Cavalli clothing, accessories, and shoes, Italian fashion designer Roberto Cavalli used direct designs of murals drawn in 2012 by street artists in the San Francisco Mission District, without the artist’s permission.The artists,...
The recent release of the Intellectual Property Owners’ Association (IPO) 2014 IP Record shows interesting results: Trademark applications hit an all-time high in 2013! In the National Law Review article by Monica Riva Talley, Ms. Talley explains some of the...
You’re creating a gorgeous website for your business, spending hours and hours polishing the messaging, landing pages, your bio.. but what about that fine print you see at the bottom of websites? Focusing on marketing and building your brand so you can get more...
You’re running a business, and that means you probably have information that you don’t want ending up into the wrong person’s hands. This info doesn’t have to be high-tech stuff like the design for the next Snapchat. It can be things like your customer list, prospect...
Remember spending countless hours deciding on the perfect name and logo for your business? You did that with good reason. You probably knew your intellectual property would be one of your most valuable assets. So how do you protect those assets? Today we’ll focus on...
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