Protecting proprietary information and other intellectual property is a serious aspect of securing the interests of your business. As a Texas business owner, you would be wise to understand what you can do to appropriately register your trademarks and how you can protect them against infringement and the efforts of competitors.
More than likely, when you enter into a contract with another party, you fully intend to fulfill your end of the bargain and expect the other party to do the same. In fact, things may proceed as planned for some time before they begin to go wrong.
Nearly every Texas business deals in contracts. These agreements can be with vendors, suppliers or customers, among others. What they all have in common is that they must comply with the law in order to remain valid.
Creating and registering a trademark are two important steps in defining and distinguishing your business from others.
If you ever participated in a three-legged race, you know how much fun they are. With one leg tied to the leg of a partner, you race for the finish line. When you and your partner are in synch, you move like one, taking long strides and using each other's momentum to carry you forward. But when things go wrong, they go very wrong. An uncooperative or ill-fitting partner can leave you lying in a heap while others pass you by.
Contracts are a way to protect the interests of your Texas business, and it can be a threat to your financial well-being when the other party violates the terms of your agreement.