Because intellectual property is so valuable to your business, protecting it with copyrights, patents and trademarks is essential. However, that will not necessarily prevent someone from using it. Another business may even use it without realizing it is infringement....
Business Law
Factors to consider before starting a business partnership
Starting a business is challenging, and some people think that bringing on a partner will ease the stress and work. Although a partnership can be an advantageous business decision, it may not always be the right choice. Before jumping into a shared business,...
Choosing the right formation for your business
To run a successful business, you need to establish a strong foundation for your company to grow. The right foundation starts with selecting a formation for your newest venture, which depends on a multitude of factors. Luckily, there are several business formations to...
What is a breach of contract?
As a business owner, you rely on relationships with others to remain open. Customers, workers and suppliers are all relevant to the success of your company, large or small. In some instances, you will have to enter into legally binding contracts. Whether it is for the...
Important questions to ask when purchasing commercial real estate
Purchasing commercial property can bring changes to your business, introducing new challenges and new opportunities. However, investment in commercial real estate can be a complex process, and it is essential to keep track of the details every step of the way. By...
What are anti-trust laws?
In the context of business law, a trust means something different than you are probably used to. A trust, in this sense, is a large corporation that controls most of the market share of a certain sector. Because this can discourage competition and create other ill...
4 common types of business mergers
Business owners devote significant time, energy and resources to growing their enterprises. If a venture hits a plateau, though, merging with another organization may make sense. After all, combining talent, capital, equipment and intellectual property is often a...
Why should you consider mediation first?
Pennsylvania business owners cannot run a business without occasional disagreements. This is unavoidable. How you handle it is the important part. Today we will look at mediation, which is a type of dispute resolution method. It is quite popular among business owners...
How quickly do I need to inform consumers after a data breach?
If your business experienced a data breach, it is essential that you act quickly and efficiently to respond. Pennsylvania’s Breach of Personal Information Act of 2005 outlines a company’s responsibility to protect consumers’ information and to inform those affected in...
Mergers may help overcome hurdles to an initial public offering
Growing and expanding a business in Pennsylvania comes with unique challenges that may result from a variety of external market factors. Changes made to governmental regulations, customer preferences and an increase in competitors may often affect a company's...