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Trademark, Service Mark — What’s the Difference?

“It makes no difference, night or day.  The shadow never seems to fade away.”  — The Band A potential client recently asked how is a service mark different from a trademark?  This is a common question we receive. A trademark is anything that is used to identify the source of goods or services.  Trademarks can consist of words, slogans, designs (logos), sounds or even scents.  Prominent...

“The Founder” Shows the Value of Trademarks for Growing Businesses

In the new film “The Founder” Michael Keaton’s Ray Kroc takes the concept for an efficient, high quality low cost diner with a limited menu and, through his relentless drive, expands it into the world’s biggest restaurant chain. In franchising the original concept developed by the brothers Dick and Mac McDonald, Kroc created the world’s most successful — and lucrative —...

Faith Alone is Not Enough — Best Practices for Corporate, Partnership and LLC Agreements

In their desire to cut costs and keep expenses to a minimum, many young companies try to keep legal fees low.  Many times this leads company founders to forego essential agreements such as corporate bylaws, partnership agreements and limited liability company operating agreements.  In my experience, this problem is more prevalent when the principals involved are friends, relatives or otherwise have a long prior...

What Can John D. Rockefeller Teach Today’s Entrepreneur?

I recently took a tour of Kykuit, the Rockefeller family estate in Westchester County, New York. The tour of the impressive vistas, immaculately manicured grounds, and world-class art collection made it apparent that this estate was only made possible by the vast wealth of the Rockefeller family. John D. Rockefeller’s legenday business career holds valuable lessons for entrepreneurs and other business...


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