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Business Formation & Planning Archives

Why small business owners should create a business plan

As a small business owner, you are probably aware of the many risks associated with running a small business. The success rate is tiny; the profit margin can be negligible; the stress can be exhausting. There is one crucial factor that can make running a business much less risky, though: A business plan.

Know the 3 main types of intellectual property protection

When you have a great new idea for your business, you should take the steps to protect it from theft. There are too many competitors who would leap at the opportunity to snatch a great idea from another inventor. Inventors must take the initiative to safeguard their intellectual property.

Do you have what it takes to be an entrepreneur?

Many people will attempt to form startups, but only a few will succeed. When it comes to business formation, there is sometimes an intangible factor that can contribute to success or failure: Entrepreneurship. Sometimes the risk factors that come with forming a startup can be mitigated only by a great entrepreneur.

How cyber violations killed a cartoon frog

Earlier this year, cartoonist Matt Furie released the single-frame comic that announced the death of beloved cartoon Pepe the Frog, which he first created in 2005 in the comic book Boy's Club and which later became a popular meme. So what led to Pepe's untimely demise?

How are S corporations taxed?

When you first set up a new business, it is important to consider the legal structure that you want to put in place. You might choose to work as a sole proprietor, in a partnership, or you might opt for setting up a limited liability company (LLC). If you do choose to set up an LLC, the tax implications will depend largely on whether it is an S corporation or a C corporation.

U.S. Copyright Law Digital Takedown And Notice Procedures: Are They Effective And Fair?

In a five-minute video appeal posted February 21 and available for viewing at https://vimeo.com/204940925/ce417a2098, Nashville music producer T Bone Burnett recently urged the U. S. Copyright Office to close safe harbor loopholes in Section 512 of the Digital Millennium Copyright Act. Current provisions in the DCMA require that music creators identify and request removal of pirated material from internet search engines and video services. A multitude of prominent artists including Sir Paul McCartney, Lionel Richie, Taylor Swift and Steven Tyler have previously called for copyright reform. The U.S. House Judiciary Committee will consider more stringent copyright legislation later this year.

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