20 Of The Most Profitable Small Businesses

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This could require patents, copyrights, emblems, or preservation of trade secrets. Most businesses have names, logos, and comparable branding strategies that could benefit from trademarking. Patents and copyrights in the United States are largely governed by federal regulation, whereas trade secrets and trademarking are mostly a matter of state legislation. Because of the character of mental property, a business wants protection in every jurisdiction in which they’re involved about competitors. Many countries are signatories to international treaties regarding intellectual property, and thus companies registered in these nations are topic to national laws bound by these treaties.

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