Businesses often have important "intellectual property" that needs protection from competitors for the company to stay profitable. This could require patents, copyrights, trademarks, or preservation of trade secrets. Most businesses have names, logos, and similar branding techniques that could benefit from trademarking. Patents and copyrights in the United States are largely governed by federal law, while trade secrets and trademarking are mostly a matter of state law. Because of the nature of intellectual property, a business needs protection in every jurisdiction in which they are concerned about competitors. Many countries are signatories to international treaties concerning intellectual property, and thus companies registered in these countries are subject to national laws bound by these treaties. In order to protect trade secrets, companies may require employees to sign noncompete clauses which will impose limitations on an employee's interactions with stakeholders, and competitors.
Research and development refer to activities in connection with corporate or government innovation. Research and development constitute the first stage of development of a potential new service or product. Research and development are very difficult to manage since the defining feature of the research is that the researchers do not know in advance exactly how to accomplish the desired result.[citation needed]
(= advantage) → Vorteil m; (= profit) → Nutzen m, → Gewinn m; to derive or get benefit from something → aus etw Nutzen ziehen; for the benefit of his family/the poor → zum Wohl or für das Wohl seiner Familie/der Armen; for the benefit of your health → Ihrer Gesundheit zuliebe, um Ihrer Gesundheit willen; for your benefit → Ihretwegen, um Ihretwillen (geh); this money is for the benefit of the blind → dieses Geld kommt den Blinden zugute; it is for his benefit that this was done → das ist seinetwegen geschehen; to give somebody the benefit of the doubt → im Zweifelsfall zu jds Gunsten entscheiden; we should give him the benefit of the doubt → wir sollten das zu seinen Gunsten auslegen
Artemis Resources will undertake a high resolution, low level, airborne magnetic survey targeting gold-copper mineralisation at its Armada prospect located near the Telfer mine in the eastern Pilbara region of WA. The 600 square kilometre tenement holding is effectively surrounded by Greatland Gold’s Havieron project where recent diamond drilling returned an amazing intersection of 275 metres grading 4.77g/t gold and 0.61% copper from 459m down-hole.
The efficient and effective operation of a business, and study of this subject, is called management. The major branches of management are financial management, marketing management, human resource management, strategic management, production management, operations management, service management, and information technology management.[citation needed]
Marketing is defined by the American Marketing Association as "the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large."[20] The term developed from the original meaning which referred literally to going to a market to buy or sell goods or services. Marketing tactics include advertising as well as determining product pricing.
There are a number of opportunities for businesses to secure short-term leases in vacant commercial premises through the city. Take a space for one week, one month or one year and take advantage of the flexibility of a short-term commitment that enables you to experience a new location, trial a product, test the marketplace or gain exposure for your business.
A company limited by guarantee: Commonly used where companies are formed for noncommercial purposes, such as clubs or charities. The members guarantee the payment of certain (usually nominal) amounts if the company goes into insolvent liquidation, but otherwise, they have no economic rights in relation to the company. This type of company is common in England. A company limited by guarantee may be with or without having share capital.

Generally, corporations are required to pay tax just like "real" people. In some tax systems, this can give rise to so-called double taxation, because first the corporation pays tax on the profit, and then when the corporation distributes its profits to its owners, individuals have to include dividends in their income when they complete their personal tax returns, at which point a second layer of income tax is imposed.
For more than thirty years the Small Business Development Corporation (SBDC) has helped thousands of small businesses get started through delivery of relevant and practical support. With experienced business advisors offering help via phone, email or in person, and a range of practical templates, guides and tools, SBDC has all the resources needed to confidently start a small business in Perth.
Cooperative: Often referred to as a "co-op", a cooperative is a limited-liability business that can organize as for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority. Cooperatives are typically classified as either consumer cooperatives or worker cooperatives. Cooperatives are fundamental to the ideology of economic democracy.

The efficient and effective operation of a business, and study of this subject, is called management. The major branches of management are financial management, marketing management, human resource management, strategic management, production management, operations management, service management, and information technology management.[citation needed]
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