Monthly Archives: January 2016

Emerging Food Industry Trends for 2016

As one year ends and the next begins, the food industry publication FoodDive recently took a look at emerging trends within the industry for 2016. In an article entitled, “The Future is Now,” FoodDive reviewed marketing research firm Mintel’s report on Global Food and Drink Trends 2016 and discussed what it considers the most relevant

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Non-Disclosure Agreements

A non-disclosure agreement (NDA) is a contract in which a party agrees not to reveal proprietary, secret, or confidential information disclosed to it in the course of a business relationship. These contracts are also known as confidentiality agreements. An NDA creates a confidential relationship between the parties involved, and may be a one-way or a

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Why are Corporate Bylaws Important?

A corporation’s bylaws establish its operational and organizational policies and guidelines. The bylaws and the articles of incorporation essentially comprise a corporation’s founding legal documents and determine its structure and organization. If you are forming a business, it pays to give careful attention to the contents of your bylaws. Although there may be some overlap

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What is Corporate Compliance?

Generally speaking, the term “corporate compliance” refers to a formal program within an organization designed to uncover and deter illegal activities committed by the organization’s officers, directors, employees, or other agents. As you may know, an organization can be held criminally liable for its employees’ illegal actions taken within the scope of their employment, even

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The Best States (Besides Delaware) to Incorporate

Delaware is perennially popular as a state for incorporating new businesses, but it is not the only option. Other states are becoming increasingly well-recognized as business havens, largely because of favorable tax treatment. If you are forming a new business, here are some things to keep in mind. Deciding Where to Incorporate Consider the way

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Major Differences Between a Corporation and Limited Liability Corporation

You have decided to go into business for yourself. You have your product or service, client base, overhead costs are taken care of, and your business plan has finally begun to manifest. There is one more aspect that you should consider before “going live” – corporate designation. Corporate designation is a merely a fancy word

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What is a Business Bond, and Do I Need One?

Despite what it may sound like, a business bond has nothing to do with investments or securities.  Rather, a business bond functions essentially like insurance, protecting your company, your customers, and sometimes your employees from misconduct or breach of contract. Generally, it acts as security for a promise – if the promise is broken, the

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Can Marijuana Growers Protect Their Intellectual Property?

As any business owner knows, protecting your intellectual property is a crucial issue.  Companies can rely on patents to protect product formulas. Moreover, anyone who invents or discovers and can asexually reproduce a new plant variety can apply for and obtain a plant patent. This kind of patent allows its holder to prevent anyone else

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California’s Blue Sky Laws

While they sound like they might have something to do with environmental protection, in fact “blue sky laws” are state laws governing securities sales with the goal of preventing fraud. Like federal securities laws, these state laws exist to ensure that investors have access to enough complete and accurate information to make informed decisions about

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