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19. Protect your intellectual property & 20. Bankruptcy

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Intellectual property

19. Protect your intellectual property

If you develop a new product, you’ll want to protect it with a patent. You can also protect your business name, symbols, and logos by applying for a trademark. You can learn more about the process through the United States Patent and Trademark Office.

To protect books, movies, digital work, and musical pieces, you’ll want to copyright your work. The United States Copyright Office can help you file the correct paperwork.

Finance law

20. Bankruptcy

Though we hope you never have to go here, in some cases, new businesses hit financial roadblocks. If your business has cash flow problems and is exploring the possibility of bankruptcy, there are several laws you’ll want to familiarize yourself with before filing the paperwork. The Small Business Association has the resources you’ll need to review.

Researching business laws can be a tedious task, but it’s always best to be informed. While the list above covers a lot of legal ground, additional laws may pertain to your business. To protect yourself, find an experienced attorney and talk about laws that are specific to your business.

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