Ogden Startup Attorneys & Lawyers

Updated June 23, 2020:

Intellectual Property Protection

Intellectual Property Protection is protection for inventions, literary and artistic works, symbols, names, and images created by the mind. Learn how you can protect your intellectual property by using: Patents, Trademarks, Trade Secrets, and Copyrights.

Intellectual Property Protection Explained

Entrepreneurs and business owners need to understand the basics of intellectual property (IP) law to best protect their hard-earned creations and ideas from unfair competition. Intellectual property includes distinctive items that you have created and ones that give you an economic benefit.

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What Is DMCA Protection?

The DMCA, or the Digital Millennium Copyright Act, protects creative works on the internet and contains the legal foundation for rights management in digital works. It covers things such as articles, videos, and photographs.

The DMCA protects both copyright owners and internet service providers (ISP), otherwise known as online service providers (OSP). To warn would-be content thieves away, you can use a DMCA Protection Badge on your website.

Copyright Owners

The DMCA gives copyright owners a simple and straightforward way to get their content removed from websites that don't have permission to use it. They can do this by sending a DMCA takedown notice to the ISP that hosts the

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Business Permit: What Is It?

A Business Permit is a government-issued authorization to operate a business within that government’s jurisdiction (its geographic territory) and in compliance with its laws. Most businesses will require a basic operating permit from the city or town in which it is physically located, even if the business is home-based or owned by one person, or if it sells goods and services exclusively online.

State and Federal authorities can also require Business Permits to comply with certain specialized laws (for example, if your business uses regulated hazardous materials or provides certain regulated professional services like cosmetology).

The specific permits will depend on the business's location, ownership structure (sole

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Updated November 2, 2020: 

Preferred stock is a special class of equity that adds debt features. As with common stock, shareholders receive a share of ownership in the company. Preferred stock also receives special rights, including guaranteed dividends that must be paid out before dividends to common shareholders, priority in the event of a liquidation, is listed separately from common stock, and trades at a different price than common stock.

Why Is Preferred Stock Important?

Preferred stock gives you a financing alternative to taking on debt. You generally maintain greater control over your company than if you issue new common shares.

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What Is Strike Price?

Strike price is the price at which a specific derivative contract can be executed. It is the most important indicator of value for contracts.

The strike price, also known as the exercise price, is usually decided when a contract for an option is first written and agreed.

Some financial products receive value from other financial products. These products are called "derivatives," and there are two major types:

• Calls give the holder the right, not the obligation, to buy stock in the future at a certain price.
• Puts give the holder the right, not the obligation, to sell a stock in the future at a certain price.

The price at which calls and puts are bought or sold is called the strike price, which is used to tell call and put contracts apart.

Why Is Strike Price Important

The strike price is

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