An owner of intellectual property rights can enforce their right without registration. Additional rights may be given if there is notice to the public. Below, I outline how rights are stronger notice has been given to the public about a certain intellectual property right. What is public notice? Public notice is telling the public about … Read more
It is important to know what representations is made to buyers. A business should be careful what types of representations they make and make sure they are able to fulfill those representations. SUMMARY As a new business, you may want to make many representations to sell your product but there are certain types of representations … Read more
There are a few business insurances that other companies will ask for. There may be other insurances that may be need for the business but the main ones are listed. It is also important to know the terms of the insurance policy to know what is covered. SUMMARY Insurance is an extra cost that is … Read more
There are some considerations to providing warranties. In addition, there are some government agencies that protect consumers from being harmed by businesses that affect the warranties they provide. SUMMARY A warranty does not have to be provided, however, consumers will have more faith in the product if there is a warranty. If a warranty is … Read more
Warranties are promises to stand behind your products. Offering warranties are not mandatory but having one will help provide some good will to your products. In addition, there are some implied warranties that come alone with just selling your products. SUMMARY There are two types of warranties: expressed and implied warranties. Expressed warranties are those … Read more
This is a list of some trademark business considerations for your business. SUMMARY As an e-commerce business doing businesses online and throughout the world, you may want to apply for a trademark to have the most rights possible. Applying for a trademark will take some digging to make sure you will not run into any … Read more
This will be a short guide in obtaining your product. SUMMARY You should know where you are getting your products from and the issues that comes with obtaining your product. If there is a contract between you and the manufactures, you need to be make sure you understand all contents of the agreement. WHERE IS … Read more
ODM products is the most advanced out of the types of businesses in e-commerce. Depending on your product, you may need a large team to help develop the products for sale. This will have large risks but also a larger reward if done well. Let’s look at the ODM pros and cons. SUMMARY Create your … Read more
OEM products is an easier way to scale your business because you will have control of most of the operations. Lets look at the OEM pros and cons. It is a step up from just drop shipping products. SUMMARY More control with your business. More capital to sell OEM products. Business may need more support … Read more
Dropshipping is an easy way to start but you need to scale up your business if you want to see any growth. Lets look at the dropshipping pros and cons. It is hard to follow every trend in a way to make money. SUMMARY Do not need to hold inventory. Minimal work on the product. … Read more