When it comes to starting a business, demands such as marketing, sales, staffing, and even just getting the company off the ground could easily prioritize legal problems, particularly ones that don’t seem to need immediate consideration. But, smart small business planning also includes preventing issues and making sure the business is protected against potential problems by working with a business attorney early in the process. For most small business owners, using a business attorney is comparable to calling a firefighter or plumber because most people only consider them when there is a problem. When it comes to your small business, though, that strategy is foolhardy in regards to legal issues. In the Ogden area and need a business attorney? Here are a few ways in which they can help:
Many intangible assets of a company ought to be legally protected. An organization’s name, logo, brand name, and identifying products and services are entitled to copyright protection. Proprietary computer software, fabrication designs, custom stickers, and many other creations may be eligible for trademark registration. Patents are often believed to cover only machines and other fabricated products. Still, they could also protect procedures, like a method for oil refinement or brand new compositions of matter, such as chemical substances or combinations. Trademark, copyright, and patent registrations can help a business protect what gives it a competitive edge in the market.
Most firms, particularly technology companies, count the employees’ knowledge as one of their most important resources. Yet, they fail to safeguard those assets via non-disclosure and non-compete agreements with their employees. Inevitably, some workers will leave the company, and it is important to protect your company against their carrying their understanding of trade secrets together over into the contest.
Entrepreneurs sometimes are so focused on starting a new company they don’t consider what happens if one of the founders or even yourself leaves the company. When a partner or major shareholder decides to depart suddenly, it can threaten the business’s capacity to continue operating. Closely held corporations have to have buy-sell agreements or buy-back agreements to ensure that spouses or major shareholders can sell their interests without legal entanglements or putting an undue financial burden on the company.
If you’re a future small business owner in Ogden, then call a business attorney today to make sure that you have your bases covered.
Irvine Legal provides high quality business attorney services to those in the Ogden area.