BizTech Law Blog
In an effort to improve the accountability of drone users, the U.S. Department of Transportation has announced plans to require drone users to register their "unmanned aircraft systems." Additionally, Transportation Secretary Anthony Foxx and FAA Administrator Michael Huerta announced the creation of a task force to finalize the details of the registration system, including which drones must be registered. The task force may create a streamlined process for commercial drone users and recommend additional rules by November 20, 2015.
There are four basic kinds of intellectual property that you can protect: trademarks, copyrights, patents and trade secrets. At the very early stages of starting a business you will want to protect your business name or brand through a trademark. Learn more about intellectual property basics and what you need to protect, in the Youtube video below.
Employers often seek to enter into a covenant not to compete with employees. In many cases, the covenant is the best way to protect the employer from future harm. Also, many purchase agreements include covenants not to compete. Learn about covenants not to compete in the video below.
What does a startup entrepreneur need to know about financing a company? The entrepreneur needs to work with an adviser or accountant to create a realistic budget. Watch the video below to learn more about your options.
Why should someone form a business entity? The main reason is to protect themselves from personal liability. Other benefits include attracting investors, marketing the company, maybe saving in taxes and helping to sell or transfer the company to a third party or other family members. Learn more about business entities and the benefits of forming a business entity in the short video clip below.
Foster Swift business attorneys realize entrepreneurs and business owners have many legal questions so we've developed a library of short videos to provide basic legal information on some of the more frequently asked questions. Click here to view our video library.
