Trademarks, patents and copyrights are all forms of intellectual property that are of significant value to Utah businesses. However, these different forms of intellectual property protect different things and provide unique value. The following is a brief overview of...
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Considerations for starting a business in Utah
Starting a business begins with a great idea, but it can be hard to know where to turn to put that idea into action. There is helpful information available for new and prospective business owners in Utah. Business structures Business owners will need to choose an...
Am I personally liable for my business debts?
As the owner of a Utah business, you have a lot on the line in terms of your finances and your reputation. Even the most successful businesses may face down years where debts exceed profits. Additionally, a business may be sued by former employees, vendors, and...
Why is regulatory compliance important for my business?
The area in and around American Fork is growing rapidly, and that will mean more small and mid-sized businesses starting up in the greater Provo area. This part of Utah is in the midst of a wonderful opportunity for both established residents and newcomers to enjoy...
Is a sole proprietorship right for my Utah business?
For Utah residents who have created a product or are providing a service, it may make sense to take the necessary steps to form a business entity. If it is an individual who is running and operating the business while doing all or most of the work, it makes little...
What business structure is best for my business?
Starting a business can be an extremely stressful endeavor. Starting a business with the specter of failure that could potentially bankrupt the business owner is usually enough to deter a lot of potential entrepreneurs. However, choosing the right business structure...
What are some advantages to franchising?
We are all familiar with franchises, especially popular ones such as restaurants, stores and hotels. Some people in Utah are well-suited for franchise ownership, especially if they want to own a business, but do not want to purchase an existing one or start one from...
What does it take to start a new business?
Many new businesses start with a great idea. As an entrepreneur puts thought, time, and energy into their idea, they may begin to see visions of an entity that could support their goals and desires. Every year, new businesses open all across Utah, but unfortunately...
Should I write a business plan?
Entrepreneurs in the American Fork area understand how difficult it can be to start a business. There ae many steps a person must take when it comes to creating a business and a business plan is one step that should not be skipped. A business plan is an important step...
Funding a business startup
Changing economic times and products inspire new types of business. A business startup is one type of young company founded by entrepreneurs to create a new and distinctive product or service and bring it to consumers. Funding Startups usually have small budgets and...