June 17, 2013 through June 21, 2013: We Celebrate America’s Small Business Owners

President Obama has declared this week National Small Business Week, and this year marks the 50th straight year of America’s tradition of honoring its small businesses. The first president to begin this tradition was President Kennedy who signed the first Presidential Proclamation in 1963. Over the past 50 years, America’s small business owners have continued to play a vital role in...
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What Every Business Owner Should Know Once the Business has Registered Its Trademark with the USPTO

  The main reason for registering your businesses’ name and/or logo with the United States Patent and Trademark Office (USPTO) is to keep others from using your company’s trademark. Federal trademark registration is so much more than a fancy certificate of registration from the USPTO. Once your company’s trademark is registered, your responsibilities as the business owner...
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The Trademark Registration Process Can be Lengthy, But Worth it in the End

For many businesses, the idea of registering their trademark on the Federal Principal Register with the United States Patent and Trademark Office (USPTO) is a thought but sometimes pushed to the side as “not yet necessary” to running the everyday business. In truth, many businesses seem to think that their business name and logo will not be “hijacked” by a competitor. However, many...
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Choice of Entities

Forms of Business Organizations OVERVIEW Sole Proprietorship Owned and operated by a single individual.  All income and expenses are reflected in their personal (individual) tax return.  The business is not a separate entity and does not shield the individual from personal liability. Corporation (C Corporations) A separate legal entity (fictitious legal entity), most commonly used for...
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Orange County Man Sentenced to Jail for Home Loan Modification Fraud

This week, a Mission Viejo man named Andrew Michael Phalen has been sentenced to 1 year in jail for defrauding hundreds of homeowners nationwide. Mr. Phalen pleaded guilty last month to several conspiracy charges, including conspiracy to charge illegal upfront fees for loan modification services and conspiracy to to commit grand theft. Mr. Phalen and his four co-defendants were involved in a...
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“Battleship” Movie Featuring Rihanna Makes $170 Million

You may have read this title and said quietly to yourself…what movie named “Battleship” featuring Rihanna? You may also be thinking… isn’t Rihanna a singer? Well, there is a perfectly good explanation why you don’t know what movie we are referring to. The movie “Battleship” has been released in countries around the world,with the exception of the U.S. It is not...
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