What is the process and information necessary for securing patent rights? Obtaining a patent requires submitting a patent application and filing fee to the USPTO. There are no common law or state patent protections. A patent attorney at the USPTO will review the application to make certain that the intended patent meets all requirements. Notably, th...

What is Assemble To Order? Assemble to order (ATO), also known as make to order or assemble to order, is a production model used by manufacturers where goods are produced from scratch when an order is made by a customer. The parts needed to produce a good are already manufactured but yet to be assembled. The customer order triggers assembly of the g...

What is an Initial Coin Offering? Initial coins offerings are mostly used in the cryptocurrency space. In an orthodox economy, businesses and firms usually look for ways to raise up funds, with one of the most successful method being the initial public offering or IPO for short. In the case of expansion and further injection into operations, these f...

What is a Surtax? Surtax refers to a tax that is charged on the tax itself. It can be ascertained in the form of a percentage of a specific amount or it can be charged as a flat dollar amount. Surtax is also called a tax surcharge. How Does a Surtax Work?  A surtax is charged for arranging finance for a particular government plan, whereas basic inco...

Copyright Lawyers: What You Need to Know Before Meeting One Copyright law is one of the four major areas of intellectual property law. Intellectual property law generally concert the rights of the creator of some for for intangible (not physical) property. Copyright specifically applies to creative expressions, sometimes referred to as “works of aut...

What is a Standard Deduction? Standard deduction refers to the amount of income that can be subtracted before the income tax is applied. The Internal Revenue Service (IRS) standard deduction is the portion is in an individual's income that is not taxable. This is a deduction or tax credit under the United States tax law in which non-itemizers are pe...

What is the Bureau Of Public Debt? Public Debt refers to the total borrowings of a government, it is how much debt a government owes and must repay to entities outside of itself. The United States Treasury Department handles the debt of the U.S government, this is managed through the Bureau of the Fiscal Service. The Bureau of Public Debt is an agen...

How to Create an Angel Fund The process for starting an Angel Investor fund is fairly start forward in comparison to forming a venture capital firm. This is because an angel investor fund has a far more simple legal and management structure. Let’s begin by discussing what a angel investment fund is or does. Types of Venture Capital Fund An angel inv...

What is Web Tracking?  People's online behavior is a really valuable source of information for marketers. We tracking is a method of tracking that behavior. Web tracking is just collecting and storing the online activity of individuals in order to better understand their behavior and their preferences.  So, by seeing where a person goes online, we c...

What is the Chaos Theory of Management? Chaos theory is a scientific theory has been applied to management practice. It was first introduced in this context by Tom Peters in the 1980s. He stated that managers must be prepared for environmental and technological changes.  Chaos theory focuses on the unpredictability in occurrences and behaviors. It r...