Given the current state of the nation, anything can get you into trouble. And the more assets people think you have in Washington state, the more tempting of a target you become for lawsuits. Therefore, you must always take measures to protect yourself from trial...
As a business owner in Washington, you know that protecting your trade secrets is essential to maintaining your competitive edge. If your competitors knew your confidential information, they could easily replicate your products or services and put you out of business....
Intellectual property, or IP, turns ideas into profits for a business in Washington. Every form of intellectual property has potential value to consider during a merger and acquisition transaction. Evaluating IP assets Some owners can only grow their businesses...
For a small business in Washington, credit card fraud can be a real pain to deal with. It can lead to a loss of product or revenue in addition to the time spent working with the bank to figure out what happened. It poses a real risk to business profits. Liability for...
People may have preconceived ideas about what constitutes fraud. Fraud typically involves using deception to procure an ill-gotten gain, and more entities commit fraud than people realize. Sometimes, a corporation or a small business could stress fraudulent practices...
If you live in Washington, you may benefit from learning more about undue influence and how to identify it in your everyday life. Undue influence occurs when one party uses their relationship with another party to persuade and impact their decisions. Typically, the...
In Washington, there are many transactions that happen on a daily basis that profit companies in different ways. If you own a business, you may want your company to bypass the lengthy process of going public and avoid the costs of an initial public offering (IPO)....
People who buy established businesses in Washington statistically have better odds of becoming successful than people who start from scratch. However, it is critical to meticulously look through every important detail of the business you want to buy because any factor...
When selling a Washington business, it's important to have a solid reverse diligence process. This will allow you to analyze your company from the prospective of someone who might buy it. The process considers ongoing legislation, access to documentation and other...
The scope of what can be considered a trade secret for Washington companies that own them as intellectual property is extensive. A trade secret is practically any information that can be used to give the property holder an edge on all of its competitors. Practically...
