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Question for the Money Doctors

Question submitted on Sep 23, 2012.

Question

Money Dr. I am planning on starting a business. If I don''t want my idea to be taken way, what is your advice? It isn''t an invention product.

Answer

This is more of a legal question than an accounting question.  Certain aspects of your idea, such as the name of your business, trademark or service mark can be copyrighted.  If you are sharing your idea with anyone, including potential investors, you should have them sign a confidentiality agreement. 

Again, these are legal issues, so you should consult an attorney.


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