As a business owner, you want to take great care of your employees and pay them their worth. To satisfy all workers in your company, you must share the news of a raise carefully. Chron explains how to tell your workers they got a raise. Learn how to communicate the...
Business and Commercial Law
Is intellectual property covered by common law?
As some of the most valuable assets of a company, intellectual property and branding are very important to a business. Residents of New York City and other nearby areas may want to learn more about whether intellectual property, or IP, is covered by common law....
Understanding the timeframe of copyright protection
Whenever you have an idea that you think may be worth something, it's important to secure proper copyright protection. While many people understand the concept of copyrighting an idea, far fewer are certain how to obtain this protection or how long it lasts. New York...
When is it right to trademark your business name?
Everyone has seen a trademark that distinguishes one product from another. This trademark consists of words, phrases, logos or designs that are unique, concise and easy to recognize from afar. The question is whether it is useful to trademark your business's name in...
Why you need a trademark for your small business
Starting a small business in Florida, California or any other state can be exciting and frightening at the same time. You have so many decisions to make, from the name of your company to a design for a logo that is simple yet recognizable. What you may not realize is...
How to handle a contract breach
Signing a contract gives your business rights and obligations. When the other party to the contract does not uphold their own duties, you can take the case to a New York court in a breach of contract action. First, it is necessary to understand what can be a breach of...
What are the remedies for an anticipatory breach of contract?
As you operate your New York business, a couple of your contracts might experience an anticipatory breach at some point. This type of breach happens when the other party states that they're unable to fulfill their contractual obligations before the contract expiration...
Do business partnerships inevitably fail?
Business partnerships in New York sometimes have a high level of risk involved and the partnership can eventually end due to conflicts that occur between both parties. The unspoken expectations that are present can lead to disappointment and discord. Some of the top...
Understanding patent laws
If you’ve ever watched ABC’s hit show, “Shark Tank,” you have probably seen a group of millionaire and billionaire investors ask someone who has come up with a business idea if they have a patent on that idea. Patents are a crucial part of the process of launching a...
What are some elements found in business contracts?
You should have a well-written contract for most business dealings. Otherwise, you may find your New York or worldwide company taken to arbitration or court. That is a no-win situation because even if the arbitrator or the judge decides in your favor, it can ruin your...