We had a lively webinar with Mary Juetten, Founder and CEO of TrakLight, on major mistakes that could sink your business. So you’ll have no excuses for making these, here’s a quick rundown of the session plus the full presentation deck to 10 Tips to Minimize Risk and Maximize Value. Business Risk #1 — Choosing the wrong form of legal entity Limiting your personal liability is one of the first things you should do. Not incorporating in some form or fashion means your personal assets are on the line. Set up your legal entity on day one. Business Risk #2 — Not protecting your IP Why is having an IP strategy important? IP could account for as much as 80% of your business’ value. You will get a higher valuation and be more attractive to potential investors and acquirers if you own your IP outright. Patents Patents are really important … Continue reading
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