World Trade Center Podcast: Bodacious Secret No. 2. Select The Right Business Entity

Earlier this year I had the great pleasure of being interviewed on the Arkansas World Trade Center GATEWAYS Podcast. We had a blast talking about what makes a business succeed where others fail.  Doing business on the world stage is no different. The same legal secrets apply. BODACIOUS Secret No. 2: Select The Right Business Entity

Thank you Sam Cushman, Denise Thomas, and the Arkansas World Trade Center for a great conversation!

Read More
Bodacious Secret No. 2: Select The Right Business Entity

It may (or may not) come as a surprise, but over 50% of small businesses fail within the first four years of existence. The leading causes of failure include a general lack of knowledge in running a business, lack of subject matter expertise, and neglect or fraud. Statistics also show 30% of startups tend to break even, while another 30% continually lose money.

Read More
Managing Collaborations: The Playbook Of How Tech Companies Should Share Developed Intellectual Property (Part 1)

Precipice IP had a chance to present a webinar for the Arkansas Small Business and Technology Development Center (ASBTDC) on “Managing Collaborations: The Playbook Of How Tech Companies Should Share Developed Intellectual Property (Part 1).” The webinar was aimed at helping technology based companies navigate collaborations with other companies and individuals where company intellectual property might be at risk.

Read More
All The Ways A Patentability Opinion Can Save Your Startup

In the very early days of startup life, many technology companies don't readily have the resources to file for patent protection because they need investors.  And investors are reticent to provide funding without an indication that patent protection for the invention or concept is underway.  

There is a relatively low-cost solution that can satisfy all concerned, and the solution is a patentability opinion.

Read More
Bodacious Secret No. 1: Protect Ideas

It may come as a surprise to many, but most ideas, concepts, and formats are not per se protectable as forms of intellectual property, which means these forms are free for the taking unless an entrepreneur takes additional steps. The steps an entrepreneur can take to protect ideas, concepts, and formats involve utilizing confidentiality and non-disclosure agreements, and/or protecting the expression of the idea through the copyright, trademark, and patent process.

Read More