Jump to Navigation

Orange County Business & Commercial Law Blog

Overcoming fear can lead to successful business transactions

Becoming an entrepreneur in California may enable a person to feel a sense of freedom he or she has never experienced as a traditional employee. However, hiring workers and engaging in business transactions for the first time can be a daunting task. A few tips may help budding entrepreneurs to overcome their fears when starting a new venture.

First, it may help to read literature by a successful entrepreneur who has achieved what one would personally like to accomplish. This may give a new business person the confidence he or she needs to keep moving toward his or her established goal. In addition, even if new entrepreneurs do not know everything there is to know about their fields, they can continue researching their services or product areas and commit themselves to excellence.

Business litigation case involves 3M, maker of Post-It notepads

A trademark is critical for helping consumers in California and other states to differentiate between products. It also safeguards a company's investment and reputation. When one's trademark is used by another company without authorization, this can lead to business litigation. One out-of-state case currently involves 3M, the maker of Post-it notepads. The company has filed a suit against a printing company on the grounds of trademark infringement.

The reason for the lawsuit is that the printing company has been using the name "Stick-it" on the company's advertising stickers, which are similar to those placed on pizza boxes. 3M claims that "Stick-It" is too similar to its "Post-it" and, thus, may confuse consumers. In addition, the company alleges that the printing company is unfairly benefiting at the expense of 3M.

Strong business transactions can result from right location

Creating a business is a dream for many people who desire the autonomy it provides. However, starting a business -- such as a furniture store, bakery or clothing boutique -- can pose financial challenges. Perseverance and passion are needed to succeed in entrepreneurial business transactions. A few tips can help people who are interested in forming their own business in California start off on the right foot.

First, it is important to test a certain location under consideration for a business locale. One might think that a shopping area with high foot traffic will automatically be the perfect site, but this isn't always the case. It's important to understand the type of foot traffic that the shopping area receives and then determine if it fits the business model.

California startup's business transactions involve packages

Being able to come up with a novel solution to a widespread consumer problem may lead to entrepreneurial success in California. One startup company in California just might have resolved the issue of the theft of holiday packages. If the idea takes off, this may lead to highly profitable business transactions in the years ahead.

Each year, packages that are delivered to people's doorsteps are illegally taken. This is because shipping carriers and the Post Office usually leave packages at residential doors if no one is home at the time of the delivery. This typically happens during the daytime, when a majority of individuals are at their workplaces. The issue worsens during the Thanksgiving and Christmas seasons.

Entrepreneurs' business transactions can lead to tax breaks

One of the most common dreams for people in California and other parts of the United States is to start their own businesses. Being an entrepreneur and watching one's business transactions bring in increasing profits for the business can be exciting and personally fulfilling. A huge benefit of starting a business in America is that the government offers several tax breaks that can make it easier for business people to experience success early on in the process.

First, when beginning a business, people can deduct their business expenses from their gross income with just a few limitations. It is also possible to write off start-up expenses, which involves the costs associated with inquiring about and investigating a new venture. For instance, business traders complete courses before starting their jobs; the costs of these courses would count.

Trademark infringement may lead to business litigation

Finding out that another company in California has infringed on one's trademark can cause frustration, as this can eventually impact one's bottom line. This is the type of scenario that one company in another state is facing. The clothing company, which sells high-end clothes, said that one of its competitors had a similar website and name, and the matter has led to recent business litigation.

The clothing company, which caters to businesswomen and businessmen, said the other company is infringing on its trademark. As part of the suit, the clothes company said the other business is unfairly benefiting from the reputation and goodwill that it has created since its copyright was established back in 1989. It is requesting an injunction that would halt the other business from using its name.

Communications company makes profitable business transactions

What may start out as a seemingly humdrum idea may actually turn out to be a goldmine of an idea in California. This is what recently happened to one entrepreneur who started Slack, a communications company that has engaged in many profitable business transactions and is now worth one billion dollars. Slack offers businesses a product that is similar to a chat room and can be used for internal communications.

Slack, which made its debut several months ago publicly, mostly sells its goods to businesses instead of individual consumers. Slack's chief executive, Stewart Butterfield, recently received a new round of financing totaling $120 million. The company stands out because Slack makes it easier for business people to collaborate via their computers.

College grads and non-grads can engage in business transactions

Some young people are contemplating bypassing college altogether and simply going straight to starting a business. After all, that's What Bill Gates and Mark Zuckerberg did before building their Microsoft and Facebook empires, respectively. However, there are a few things to consider before engaging in business transactions as an entrepreneur in California without finishing college.

The average college student graduates with more than $30,000 in loans. In the same way, starting a business requires taking out loans. Either way, a person will likely have to be prepared to get into some debt in order to achieve their university or entrepreneurial goals. Some jobs, such as those of lawyers, obviously require post-secondary education, so skipping college is not an option for people pursuing these positions. However, an aspiring baker may do better to take out a business loan rather than a student loan.

Hershey settles business litigation suit involving trademark

When people in California think about Hershey, one thing typically comes to mind: a sweet piece of chocolate. Hershey, however, was recently involved in a not-so-sweet business litigation case involving a couple of marijuana companies located in other states. According to the chocolate candy maker, these marijuana shops were selling products using packaging that closely resembled Hershey's wrappers. Hershey recently settled the trademark infringement suit it had filed against the two companies.

One of the two companies, named TinctureBelle, sold candies called Dabby Patty and Hashheath. Hershey claimed that these candies were imitations of its own York patties and Heath bars. The other company, Conscious Care, was selling Mr. Dankbar and Reefer's. Hershey said these treats imitated its own Reese's and Mr. Goodbar candies.

Business transactions of popular startups may be lucrative

Starting a business is an ideal way to regain control over your career and contribute in a positive way to the modern economy. Although the journey can sometimes be challenging in California, it can be financially rewarding in the end. Several startups in the United States are engaging in fruitful business transactions as a result of their ideal product and service ideas in California.

One company that is gaining popularity is Labster, which has constructed a virtual lab that allows science students to run experiments. The lab allows them to explore experiments that may actually end up burning down an actual science lab. The virtual lab also allows students to do activities that they wouldn't be able to do in most schools for budgetary reasons.

Subscribe to this blog’s feed FindLaw Network

Send us an Email

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Follow us

Contact Us Today

Law Offices of Kermit D. Marsh
9550 Warner Avenue, Suite 250
Fountain Valley, CA 92708

Phone: 714-475-1446
Toll free: 800-839-5214
Fax: 714-593-2399
Fountain Valley Law Office Map

Representing Clients Throughout California

Located in Fountain Valley, California, the Law Offices of Kermit D. Marsh serves Orange County and the greater L.A. area, including Huntington Beach, Westminster, Costa Mesa, Newport Beach, Irvine, Anaheim, Garden Grove, Santa Ana, Fullerton, Placentia, Yorba Linda, Cypress, Orange, Mission Viejo, Lake Forest, Los Angeles County, Riverside County and San Bernardino County.