Intellectual Property Protects your Company
July 21, 2022 In business, services or products are sold. When you enter the market with a new offer, there are probably already people serving the clients you are looking for and generally serving a similar need. If your business is successful in attracting customers, you will also attract competition – who sooner or later […]
Critical Questions to Address Before Deciding on a Business Opportunity in Puerto Rico
Purchasing a business opportunity or an established operation in Puerto Rico means you are acquiring a going concern or one to be. A business opportunity may mean purchasing a franchise, a licensed idea or a business conceot. You can also purchase an ongoing operation. An ongoing business is a viable alternative to a business opportunity […]
Trade Name and Trademark in Puerto Rico: Two Closely Related Cousins
People often confuse a trade name with a trademark but while they are related, both mean different things. Here are the key differences. Trade name To legally start a corporation or a company you must file paperwork with the state and include your organization’s name. This name becomes your business’s official identification followed by the […]
Franchise in Puerto Rico- Should You Buy an Existing Business or Build Your Own?
A Franchise is a business model that has allowed many people to stop being employees as it facilitates the transition from employee to self-employment. However, franchising Puerto Rico is not for everyone or all types of businesses. As a franchise development consultant and franchising lawyer helping organizations develop franchises or individuals purchasing one, I would […]
Cómo calcular cantidad máxima préstamo bajo programa de protección de cheques de pago (PPP)
Las Secciones 1102 y 1106 de la Ley CARES autorizan a la Administración de Pequeñas Empresas (‘SBA’) a garantizar temporalmente préstamos (100%) a pequeñas empresas (generalmente aquellas con 500 empleados o menos) bajo un programa titulado Programa de Protección de Cheques de Pago (‘PPP’) y, a diferencia de otros programas de préstamos de la SBA, […]