The ownership of firearms by private citizens is heavily regulated in the United States with literally tens of thousands of different laws existing on the books at the Federal, State and Municipal levels. These regulations vary drastically from state to state, so it is extremely easy for the average law-abiding gun owner to become confused over the manner and type of firearms and incidental devices that are and are not prohibited from possession and/or ownership.
A small business’s intellectual property (IP), i.e., all its intangible assets, including logos, trade names, designs, inventions and product names, are often not given due consideration by the small business owner. Just as a business can own a building or inventory it can own IP if it takes the necessary steps to establish and protect its ownership. IP is vital to many small businesses and it must be managed properly.