Insights & Tips
Who will be the footwear industry’s consumer in 2030? A consumer influenced by sustainability, fashion and the rising cost of labor and leather, according to World Footwear, a research initiative of Portuguese Footwear, Components and Leather Goods Man …
Does your company have policies to cover trade secret protection? If not, take a look at the following sample model policies developed by CREATe.org. These model policies can be tailored to your companies’ specific requirements and business situation. …
Are you confused about what a “trademark” is? What about a “copyright?” Or a “patent?” Do you know what the differences are? Take a look at this infographic designed by Designtaxi.com. To learn more how CASTAYBERT PLLC can assist you in trade secret ma …
Last month, the Federal Trade Commission issued a first-ever Policy Statement outlining its approach to policing “unfair methods of competition” under Section 5 of the FTC Act. For a breakdown of this Policy Statement and its possible effects on privat …
According to the Center for Responsible Enterprise and Trade, or CREATe.org, the loss of trade secrets — ranging from proprietory formulas to confidential information to production methodologies — can have a devastating impact on a company. When there …
An S Corporation, also known as an S Corp, is a special type of corporation created through an IRS tax election. An eligible domestic corporation can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treate …
A partnership is one business in which two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labor or skill. Each partner, in return, shares the profits and losses of the business. Becau …
A corporation, or a C corporation, is an independent legal entity owned by shareholders. This means the corporation itself and not its shareholders is held legally liable for the actions and debts the business incurs. Corporations are more complex than …
A cooperative is a business or organization that is owned and operated for the benefit of those using its services. Profits and earnings generated are distributed among the cooperative members, who are known as user-owners. An elected board of director …
A limited liability company (LLC) is a hybrid legal structure providing the limited liability features of a corporation with the tax efficiencies and operational flexibility of a partnership. The “owners” of an LLC are called “members.” Depending on th …
A sole proprietorship is the simplest and most common structure to choose when starting a business. It is an unincorporated business owned and operated by one individual with no distinction between the business and you – the owner. As owner, you are en …
Why am I starting a business? What kind of business do I want to start? Who is my ideal customer? What products or services will my business provide? Am I prepared to spend the time and money needed to get my business started? Who is my competition? Wh …