If you legally own intellectual property, licensing may be a great way to grow your brand and business. By licensing your trademark or copyright to a third party, you grant them the right to use your intellectual property while still maintaining ownership rights. What...
Many individuals decide to incorporate their business to protect themselves against liability. Unfortunately, this strategy can fail if the business owners fail do not pay attention to the corporate formalities, they may lose the protection of the corporate form....
The creation and dissolution of a business can be compared to a marital union. Much like a marriage takes effort and planning, especially when it comes to important details relating to finances, a business needs to be formed with a business plan and financial planning...
A contract dispute can leave your business facing several risks. An allegation of breach can not only threaten your bottom line, but it can also damage your business’s reputation. Together, the losses can be significant, and it may take you a long time to rebuild if...
Artists, authors, musicians, photographers and others in New York create various works in their careers. These are original works that people put a lot of time and effort into creating and in many situations, want the world to experience them. However, as it is often...
New York is home to Broadway musicals, the scene of many movies in production, artistic works in one of the city’s many museums, literary works and feats of architecture. What do all these things have in common? It is that they are all likely protected by copyright....
A lot of business formation and planning is focused on finding the structure and practices that best strike a balance between operational control and risk mitigation. It’s not an easy feat, although the process can seem rather simple at first glance. To best protect...
Businesses can come in one of several legal formats, each with its own advantages and disadvantages. These can range from relatively straightforward sole proprietorships to highly complex corporations. Somewhere in between these extremes is the closely held business....
A trademark can be extremely valuable to your business. It can build brand recognition and serve as a symbol of quality and goodwill. But creating and policing a mark can be more complicated endeavors than many people realize. That’s why as you navigate your...
There are a lot of different ways that you can structure your business, which makes it an important consideration as you’re getting your endeavor off the ground. That’s why you should take the time needed to educate yourself on your options so that you can choose the...