Protecting your Intellectual Property (IP) is designed to prevent anyone else from taking your idea or creation and profiting from it, unless they obtain your permission. Intellectual property rights are the rights you have to anything you create as a result of your original ideas. If your ideas and creations have economic value, you will […]
Capital Assets
What Is Intellectual Property (IP) And Types of Intellectual Property?
Intellectual property (IP) represents the property or creations of your mind or intellect. If you develop a new product, service, process or idea it belongs to you and is considered your IP. You must formally register your IP to ensure legal ownership.
8 Easy to Execute Strategies to Skyrocket Your Business Continuity Plan
Invoke your Business Continuity Plan Now! Execute Immediate actions you can take to ensure business continues. The coronavirus pandemic is broadly affecting businesses globally. Here are a few easy to execute strategies to skyrocket your business continuity plan.
What Is Financial Capital in The Business World?
Financial Capital is the money or wealth needed to produce goods and services. In the most basic terms, it is money. Capital can also refer to money invested in a business to purchase assets.
Understanding Accounting for Capital Assets
The primary objective of a business entity is to make profit and increase the wealth of its owners. The wealth grows many fold when the business starts to build capital assets. To find the true value behind the capital assets across time, understanding accounting for capital assets is important for any entrepreneur.