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Intellectual Property

Intellectual Property

Intellectual Property (IP) is a valuable asset that is included in a company’s “balance sheet” and provides additional valuation to a company. For early stage and small companies, IP may be the company’s sole or primary asset base. Intellectual Property includes patents, trademarks, service marks, copyrights, and trade secrets. This value-added asset can be sold,…

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Business Is So Much Fun

Business Is So Much Fun

There are two things to aim at in life; first, to achieve what you want; and, after that, to enjoy it. Only the wisest of mankind achieve the second. – Logan Pearsall Smith. How can one ensure that entrepreneurship is fun and not a stressful activity? Follow Mr Richard Branson of Virgin or Vijay Mallya…

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Fraudulent Tranfer of Assets

Fraudulent Tranfer of Assets

When creating an asset protection plan one must be extremely careful to transfer the assets prior to any problem (such as a lawsuit) occurring. The reason for this is rule is stated below. A fraudulent transfer of assets occurs when assets are transferred with the intention of ‘hindering delaying or defrauding’ your creditors. If a…

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