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Fraud: Startups at increased risk

enterprise-bank-trust

By Chris McCulloch, CFE SVP, Corporate Security Officer Enterprise Bank & Trust Becoming a victim of fraud is probably not at the top of a startup executive’s worry list. However, businesses of all sizes are the victims of fraudulent behavior every day, and, interestingly, smaller businesses are at high risk. Fraud comes in a variety of forms and from both ...

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So you have a great idea to build a start-up around (or add to): Here are some practical tips on maximizing your novel idea’s patent protection

Sandberg Phoenix

By Harley Blosser and Matthew Kayrish of Sandberg Phoenix Many successful Startup Companies have their genesis built around some “great ideas” that have been turned into a portfolio of patents limiting potential competitors. Here are some practical tips on maximizing your patent protection for your invention(s) at the core of your Startup Company based on our experience writing and presenting ...

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12 things startups can do to control the rising cost of health insurance

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by Jason Koelling Vice President, Relationship Manager Enterprise Bank & Trust The rising cost of health insurance has been well documented. Employers’ health care costs started small. In 1950, health benefits amounted to only 0.50% of total compensation, according to the 2018 Willis Towers Watson report, “Health Care USA: A Cancer on the American Dream.” Since then, health insurance premiums ...

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Trade secret protection: the (too often) missing crown jewel of a start up’s intellectual property protection

Harley Blosser

As an experienced Intellectual Property attorney, I honestly can’t remember the number of “elevator pitches” by Startup Companies that I have attended seeking investors. Whether the focus of the company is for a new smart phone application based on an algorithm which will produce a delicious set of weekly menus based on your input of health, allergy and food preference ...

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Behind the curtain: Demystifying the business loan approval process

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by Mark Lawson, Director of Treasury Management Enterprise Bank & Trust, Member FDIC The Journey to “Yes” Every entrepreneur dreams of having more capital. Whether you need to purchase equipment or expand, it can often be the missing ingredient needed for you to be successful. When you arrive at the moment that you need to explore securing capital to fulfill those ...

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Hidden costs that are busting your profits

enterprise-bank-trust

By Mark Lawson, Director of Treasury Management Enterprise Bank & Trust, Member FDIC The never-ending quest to boost your company’s financial growth and profitability has many obstacles — regardless of the size of your business. Some hurdles are obvious but unavoidable, such as increases in the cost of raw materials, or increased tax burdens. Other threats to your profits prove ...

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Business planning, mentors, funding: How to find the help your startup needs

Alexces Bartley

At just 23 years old, Columbia, Missouri-based entrepreneur Libby Martin won over $40,000 in the University of Missouri System’s first Entrepreneur Quest Student Accelerator competition. She is using her winnings to further launch Calving Technologies, a veterinary tech startup that is revolutionizing how birthing cows are tracked and cared for. Calving Technologies is solving a major problem for cattle ranchers ...

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Protect your business’ most valuable assets: your intellectual property

Harley Blosser

One of any business’s most valuable – and too often overlooked – assets is its intellectual property. Patented innovations, trademarks and copyrights are the foundation of many businesses, and having less than bulletproof protection can pose a serious threat to a company’s bottom line or even its future. And while intellectual property law is often viewed as a highly specialized ...

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Protect Your Business’s Most Valuable Assets

Harley Blosser

Starting a new business is challenging, exciting and stressful. Establishing priorities and dealing with start-up sized budgets is no easy task. But it’s important to remember that in those early days of running a business, the decisions you make are establishing a foundation for a successful future or can leave your business open to potential disaster. It’s also crucial to ...

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