Have you set your life and business goals? - June 16th, 2017 - 4:58 pm
You may have spent several weeks discussing your vision for success, and whether you could be the next Ford, Jobs or Musk. Now it’s time to make this more tangible, more real – by attaching personal goals to this vision. So, your vision tells the world what you want to be as you contemplate how you will change the world for the better. But your goal is a tangible aiming point, one that should be achievable within several years if you accomplish your progressive steps planned between now and then. You can express it in terms of money, market share, influence or other measure that reflects success. Here’s a business example: “To be at a $25 million run rate by the end of our fifth year in business.” That is measurable. From it, you’ll be able to look backward to develop a set of steps (strategies) to achieve that goal. Once achieved, a goal is meant to be overwritten with a newer one, set to even higher standards. If achieved early, celebrate and set another goal earlier than planned. The good thing about a goal is that it is measurable, and progress toward it can be measured as well....
Legal Basics For Every Venture – Part 2 - December 1st, 2016 - 1:11 pm
This is the second of two parts of a legal guide. It’s called “Get Your Legal Together – A Guide for Entrepreneurs and Creatives” by Grant Atkinson, Founder/Managing Attorney at Framework Law Group PC. III. INTELLECTUAL PROPERTY Trademarks Secure the exclusive rights to your business name, logo, slogan, and unique product names. These are your trademarks, and registering your trademarks can help ensure no one steals them. Vetting your Trademarks: Prior to registration, it is important to ensure that your trademarks are not confusingly similar to any existing trademarks — especially with businesses that provide similar goods or services to you. Conflicting trademarks can cause issues with your trademark application or may lead to legal disputes in the future. We recommend professional assistance to properly vet your trademark. Registering your Trademarks: A trademark can be registered through the United States Patent & Trademark Office (USPTO.gov), and it is advisable to have professional assistance with the application. Government Fees: Generally range from $225 – $275 per class of goods and services, per application. Professional legal service fees may vary. Copyrights Secure the exclusive rights to your creative works, such as images, writings, songs, or videos. You can register single works,...
Legal Basics For Every Venture – Part 1 - November 4th, 2016 - 5:10 pm
This is the first two parts of a legal guide. It’s called “Get Your Legal Together – A Guide for Entrepreneurs and Creatives” by Grant Atkinson, Founder/Managing Attorney at Framework Law Group PC. LEGAL BASICS FOR EVERY VENTURE GOVERNMENT FILINGS Every business in Los Angeles needs to follow a few basic steps to operate legally. Below are some of the commonest steps you should consider: Local Business License Most cities require you to register a business license and they may tax your business once you reach certain income levels (i.e. $100k year). You can generally register online on your own. For example, if you operate in the city of Los Angeles, you can register here: http://finance.lacity.org/ Seller’s Permit If you sell goods, you may need a seller’s permit from the state of California. If you don’t sell goods (i.e. you just provide services), you may be able to skip this step. You can read more about the requirements and registration here: https://www.boe.ca.gov/sutax/faqseller.htm Fictitious Business Name If you are doing business using a name that is different than your name as an individual or different than the name of your LLC or Corporation (if you have one), then you may...