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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Partnership – Formed by two or more owners in agreement on how to start, manage and operate a business. You are required to change/replace your EIN if there has been a change in tax status, business name, address, management, and ownership. Obtain the right business permits and licenses. Secure your intellectual property.

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Surviving Chargeback Fraud — How to Keep Your Business Safe

Up and Running

Not only do too many chargebacks damage your reputation with credit card processing companies , but they can also affect your business bottom line. As a merchant, keeping your chargeback ratio as low as possible is excellent for your reputation. IP intelligence. Prepare your business to manage chargebacks. BIN database.

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Virtual Data Rooms are not Just for Big Companies

The Startup Magazine

It should also protect your IP address and your shared documents. Closely check all the elements of security such as encryption, rights management, access to data control and hosting. Reputation – Do thorough background checks on all your prospective providers before you get into any form of partnership.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. For a very small fee they can get your Delaware C corp registration, make sure that you have IP protection and ensure you didn’t make an early bumbling mistakes that you’ll pay for dearly in the next 7-10 years of hard work.

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What to consider when entering into product collaboration

NZ Entrepreneur

Product collaborations involve a range of intellectual property (IP) and other commercial issues. What IP is being licensed? Will any new IP be created and, if so, who should own it and who should be allowed to use it? How will a recall of the product be managed? .

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What Are the Risks of Using Personal Email for Board Business?

Board Effect

There could also be the consequence of IP theft, loss of company privacy or the loss of customer privacy. Don’t allow an unsuspecting email attack to ruin your finances or your reputation. Decide ahead of time whether you will ever pay a ransom, and if so, under what circumstances. appeared first on BoardEffect.

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What is a trade secret?

NZ Entrepreneur

All too often, we see news stories of high-profile trade secrets disputes involving high legal fees, damage to reputation and, most importantly, a loss of intellectual property (IP) and its related advantages for a business. They are businesses built on IP. You have heard it before—Uber® owns no cars; Airbnb® owns no property.

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