16804610
Description
Mind Map by Juan Pablo Gil Rivera, updated more than 1 year ago
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Created by Juan Pablo Gil Rivera
almost 6 years ago
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10 Common Mistakes When Launching
aNew Business
- Choosing A Business Name Without Rights To
An Online Presence
- Choosing a business name is very important so that a company can use it online with a website or in social
networks, this guarantees that you can have exclusive right. It is advisable to verify the potential of the
trademark and the status of the social networks of a business name before continuing with the
registration, incorporation or attempted trademark trade. Once you have verified your online availability
and the potential for trademark protection, a company should proceed to register it.
- Choosing a business name is very important so that a company can use it online with a website or in social
networks, this guarantees that you can have exclusive right. It is advisable to verify the potential of the
trademark and the status of the social networks of a business name before continuing with the
registration, incorporation or attempted trademark trade. Once you have verified your online availability
and the potential for trademark protection, a company should proceed to register it.
- The Business Name Does Not Comply With Applicable
Legislation
- The name of the company must be unique and must not confuse a consumer with the
products, services or trademarks of another company. The name must also not falsely
describe the business.
- The name of the company must be unique and must not confuse a consumer with the
products, services or trademarks of another company. The name must also not falsely
describe the business.
- Failing To Trademark A Business Name
- A company must obtain the necessary federal,
provincial / territorial and municipal permits and
licenses, company number, registered trade
name, GST / HST number, corporate income tax,
payroll and import / export accounts.
- A company still has to request a
registered trademark, it is
recommended to do so after the
recommended name and brand
searches to ensure that they have
all their rights protected.
- A company still has to request a
registered trademark, it is
recommended to do so after the
recommended name and brand
searches to ensure that they have
all their rights protected.
- A company must obtain the necessary federal,
provincial / territorial and municipal permits and
licenses, company number, registered trade
name, GST / HST number, corporate income tax,
payroll and import / export accounts.
- Failing To Obtain International Trademark Protection
- No proteger la marca a nivel internacional, pone en inminente peligro la marca
comercial de la empresa que no esté protegida en jurisdicciones internacionales
- No proteger la marca a nivel internacional, pone en inminente peligro la marca
comercial de la empresa que no esté protegida en jurisdicciones internacionales
- Failing To Properly Secure The Intellectual Property Rights
From Co-Founders, Employees, Licensees Etc.
- A new company can stop spending money to obtain intellectual property rights,
which develop ideas and improvements to existing intellectual property rights. For
this, it is important to ensure that the founders or independent contractors are not
employees of another competing company.
- A new company can stop spending money to obtain intellectual property rights,
which develop ideas and improvements to existing intellectual property rights. For
this, it is important to ensure that the founders or independent contractors are not
employees of another competing company.
- Disclosing An Invention Outside Of The Time
Limitation To File A Patent
- A patent gives the owner exclusivity over the right to that invention for a certain period of time in a particular
jurisdiction, the inventors are advised not to disclose their invention before signing a non-disclosure
agreement ("NDA") that has been examined by a lawyer.
- A patent gives the owner exclusivity over the right to that invention for a certain period of time in a particular
jurisdiction, the inventors are advised not to disclose their invention before signing a non-disclosure
agreement ("NDA") that has been examined by a lawyer.
- Failure To Sign Agreements With Co-Founders
- All the founders must assign all the inventions, ideas and everything that they have
worked or contributed to the business proposed by the company. In this way, if a
founder leaves, a company is not in danger of losing the intellectual property rights that
accompany it.
- All the founders must assign all the inventions, ideas and everything that they have
worked or contributed to the business proposed by the company. In this way, if a
founder leaves, a company is not in danger of losing the intellectual property rights that
accompany it.
- Use Of Generic Non-Disclosure Agreement And
Templates
- If a company does not personalize an NDA using templates that they
obtained from others or on the Internet, as a result, it is possible that
certain proprietary formulas or business ideas have not been included in
the NDA, so these ideas are not protected.
- If a company does not personalize an NDA using templates that they
obtained from others or on the Internet, as a result, it is possible that
certain proprietary formulas or business ideas have not been included in
the NDA, so these ideas are not protected.
- Failing To Put Together A Proper Pitch Deck
Or Business Plan
- The business plan is an important document because in
it there is a process of investigative analysis of
understanding and design of a business, allowing to
know the risks and key aspects to be successful.
- The business plan is an important document because in
it there is a process of investigative analysis of
understanding and design of a business, allowing to
know the risks and key aspects to be successful.
- (Unknowingly) Violating Securities Laws
- In the rush to launch a business, a new entrepreneur can overlook important details or be careless to
protect their ideas or assets, which can be included in violation of laws, this would bring economic
consequences to the owner of a business for wanting to save money and short-term time.
- In the rush to launch a business, a new entrepreneur can overlook important details or be careless to
protect their ideas or assets, which can be included in violation of laws, this would bring economic
consequences to the owner of a business for wanting to save money and short-term time.
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