Businesses often start with small ideas. It can come up through random conversations with your friends and family. A lightbulb could also light up in your head when you experience a problem and discover a solution for it. But, sometimes, other people have the same...
Business & Commercial Law
What makes a buy-sell important to a sole proprietorship?
Buy-sell agreements help many medium and large companies transition from one owner to another, or to replace partners and members who retire or die. However, even a small business owned by a sole proprietor can use a buy-sell to pass to a new owner. Sole...
What factors can affect a business’s sale value?
Selling a business can be a confusing task, especially if circumstances complicate specific steps of the process or overall. It often begins with determining the business value, which can vary based on different details. A seller can usually hire a professional to...
How does intellectual property theft happen?
Protecting intellectual property (IP) can require significant effort, considering how theft can happen in various and subtle ways. Unlike other tangible business resources, IP can be more fluid and more prone to theft, especially when daily operations involve sharing...
The process of changing your company’s domicile in Arizona
Are you considering moving your Arizona-based business to another state? Changing your company's domicile or residence, known as domestication, involves a series of legal steps. Before proceeding, you must consider these steps carefully. Doing so ensures a smooth...
How the FTC governs franchises in Arizona
Unlike some states, Arizona doesn't have specific franchising laws or rules. As a franchisor, you're not obligated to obtain approval from the state to offer or sell franchises, nor do you need to register your Franchise Disclosure Document (FDD) with the state....
What is due diligence in company mergers?
The Small Business Association reported that there are over 611,000 small businesses in Arizona. In the world of business, mergers present opportunities for growth, expansion and increased profitability. However, merging with another company is not a straightforward...
How can cybersquatting affect your business?
Your domain name is not an ordinary title you use as your website address. It is an intellectual property that represents your digital identity and is a reflection of your brand. A well-chosen domain name that aligns with your brand can make a world of difference in...
Common intellectual property disputes and how to prevent them
According to the United States Patent and Trade Office, IP-intensive industries create millions of jobs in the United States and contribute to 41% of domestic economic activity. Intellectual property is highly valuable for business and creative professionals....
Appeals court upholds design trademark for KitchenAid mixer
There is a lot more to trademark law than just brand names and logos. A recent court decision involving the design for the famous KitchenAid stand mixer helps illustrate how far trademark protection can go -- and how important that can be in a global economy....