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Workers Compensation: Your Safety Net


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Workers Compensation: Your Safety Net

You put your heart and soul into your job, so it seems only fair that you should be protected from harm while you’re there. Most good employers do go out of their way to provide safety training and equipment to keep their workers safe and protected from any hazards. Federal agencies, like the Occupational Safety and Health Administration, also have standards in place for employers to follow to keep their workers safe. However, sometimes accidents happen anyway, and when they do, workers compensation is meant to be your safety net. Most of the time, if you follow your company’s procedures for filing a workers compensation claim, you’ll be paid with no trouble. However, I know from experience that it isn’t always that easy. I started this blog to help you learn what to do when your company or their insurance company denies your workers compensation claim.

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Protecting Your Intellectual Assets As Your Small Business Grows

Your startup now has a firm financial footing, and you're ready to add staff and move to a larger office. Your growth plan includes working closely with other companies on new products and tapping into the global marketplace. As your business expands, it's important to protect those intellectual assets that made you successful. Here are some of the areas in your business to keep safe as you grow.

Protecting New Ideas

You need to declare ownership of those new ideas and products to prevent them from being copied by others. Patents are a way to protect those ideas as you get them to market. A patent lawyer will help you through the complicated patent application process. Items that are eligible for a patent must be unique and useful, or else they are categorized as common use. Your patent attorney will help you decide which items can be patented to protect your interests.

Protecting Your Brand

Your brand includes all of the logos, words and phrases used to describe your company. Trademark protection is used to prevent others from infringing on your brand. An attorney specializing in trademark law will make sure those symbols continue to refer to your business alone and that consumers won't be confused by companies that copy your images and phrases.

Protecting Internal Assets

As you develop working relationships with other companies to produce and distribute new products, you both have the need to protect intellectual assets that need to be shared. Partner agreements specify which materials each company has access to with strict warnings against using or sharing the information outside of the business relationship. You will need non-compete and non-disclosure agreements with your partners to delineate the boundaries of information sharing.

You will need similar contracts for people you hire, especially contractors and consultants you bring in for specific assignments. Employee and contractor agreements are necessary to keep information within your company. Since contractors and consultants work with a variety of businesses, often within your industry, it's important to establish agreements with them that information cannot be shared with other clients.

Protecting Your Global Interests

As you expand into the world wide market, you'll need people who can help you to understand the patent, trademark and import/export laws of other countries. You will need to comply with their rules and regulations while keeping your products and brand safe.

Protecting your intellectual assets as you grow keeps you competitive in your market. Every business is looking for that special market niche that they can control. Don't lose yours by letting your important information slip out of the door when you're not looking. Read more here.