When it comes to food businesses, preventing others from using your recipes and processes is an important aspect to ensuring a competitive edge. A concept in the law called a trade secret may offer protection for recipes and food production processes. Many companies have trade secrets that are essential to their operation and success. This is a guide that will introduce you to what a trade secret is, what must be done to establish it, and how it is protected.
As the owner of a farm or food enterprise, you choose how you want to operate it. Choosing the right business structure is important because it affects many aspects of your company. For example, it can influence tax treatment, exposure to risk and liability, and personal control over the business. New farmers or food entrepreneurs often operate as sole proprietors. This legal guide discusses the features and obligations of operating your business is as a sole proprietorship.