a duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve a lawful common social or economic end

Anybody can question the relevance or quality of any product or services, provided, that there is an effort to improve the product.

a partner who is designated to wind up or settle the affairs of the partnership after dissolution.

Know the needs of your market and all the factors that affect the buying process. Your idea will depend on this.

This is a word, name, symbol, or device used by manufacturers on merchants to identify their goods and distinguish them from others sold in the market. This should be sed in conjunction with a business or a product, otherwise, this will not be granted.

Its owners are the stockholders orshareholders who can sell their interestsin the corporation without affecting the continuity of its operations

Entrepreneurs should be able to recognize the opportunity to develop a product and set trends that can make them leading entrepreneurs.

a partner who is actually not a partner but is held out or represented as a partner.

developing an entirely new product or opening a new market

These gives the inventor exclusive legal rights to exclude anyone else from manufacturing, selling, importing, or using an invention during the life

creating change or orientation or direction

This is an important fact in decision-making process; most business failed because of lack of information.

are those not taking active role in the operation of the business but are generally known to be partners of the business.

An idea that is worth pursuing into a business is one which has a long-term purpose and not only a fad.

one who shares ownership and management of the business and is liable to the extent of his separate property after all the assets of the partnership are exhausted.

The market needs and demands will not be far from what is happening in the past, so it is better to get information about the past, present, and future.

the partner who designated to manage the operations of the business of the partnership.

Venture into a business by using your own ideas.

Develop an idea or a product that can satisfy a need, and respond to the need by establishing a business concern.

a partner who takes active part in the business but is not known to be a partner by outside parties.

If you have the idea, study it and develop it to something that is worth a business.

a partner who contributes money or property to the common fund of the partnership.

partners with limited financial liability and they do not take active role in the management of the firm.

It specifically provides that a signer will not share the idea to anyone. This is a typical agreement or contract where one should ask advise to a patents attorney or those with experience and expertise in the intellectual property rights.

are neither active in the partnership nor they are generally known to be associated with the business.

An association of two or more business partners who co-own a businessfor the purpose of making a profit

A form of business organization initiated, organized, owned or capitalized and managed by a single person

the partner who contributes his knowledge or personal services to the partnership.

Ideas should be a solution to an existing problem of the consumer or the market in general.

changing the formal structure, reorganizing or introducing a new structure

There is no other way to know about what is happening around you, but to research and read.

If the idea is clear and viable, there should be clear options for the business out of the idea.

protects the creative works of composers, authors/writers, artists, and others. This is the easiest form of protection for Intellectual Property.

The result of consumer dissatisfaction to the existing product could open the door to introduce innovations or improvements.

introducing a new process, procedure, or technology for continued use