In order to stay afloat in today's competitive marketplace, you need to make sure that you have not only a good idea but a marketable one. Equally important is motivation; it may take months or even years to realize profits. Can you wait? This page is designed to help you assess the feasibility of your business idea. Additionally, this page will help you find out if you have the technical and managerial skills to be your own boss.
Trademarks, Patents, & Copyrights
If applicable to your business, you may want to apply for trademarks, patents, and copyrights.
Trademark Information -- Learn about new legislation that went into effect May 6, 2002; also find information on Trademark or Service Mark Application and Instructions, Assignment of Utah Trademark, and the U.S. Patent & Trademark Office.
Acquiring a Business
For some people, acquiring a business through purchase or trade may be an excellent alternative to starting a new business from scratch.
As with any business entity, good judgment and competent advice are essential. Just as the term “business” has many meanings, exactly what is being acquired in a business may be understood differently by different people. Caution, prudence, and diligence must be practiced in acquiring an existing business or in starting a new one.