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Non Disclosure Agreements, Small Business Incorporation

Non Disclosure Agreements, Small Business Incorporation

Thousands of small business webmasters briefly lose their domain names at expiration, due to a simple lack of understanding about the roles of three key players in the drama: domain name registrars, web hosts and internet service providers. Fortunately for most, they learn quickly how to save their web site from oblivion by using the 30 day redemption period for expired domain names enforced by ICANN. One simple solution is to extend domain registration for the maximum ten years. The other solution is to treat domain registrar data as the critical business element it is.

Search the WHOIS database to see who your Registrar is on your business domain! Transfer your domain name to take advantage of our lower prices.

I Can't Remember Where I Purchased My Domain Name!

It wasn't until my third client had called asking how to regain control of her domain name that I realized that it was a common problem for small business webmasters to forget where they had registered their domains. WHOIS my registrar? Why didn't I get an email about renewal? Why did my site stop working today?

People rarely realize how important it is to keep their domain registrar notified of changes to their email address and and other contact information. The registrar will send renewal notifications to the email address last on file. For most domain owners, the only time they think about contacting a registrar is the day they reserve their domain name. If they move to a new city and get a new internet service provider, it doesn't occur to them that the old email address will change and that meeans that the registrar can no longer contact them through the previous address, or phone or fax as each of them change and we rarely notify the controller of our domain of those changes.

Sometimes the first indication a business owner will have that there is a problem is the day their web site stops working. If they failed to notify their domain registrar of changed email address, they may never have received their domain renewal notice. Since many registrars honor a 30 day "redemption period" allowing expired domains to be redeemed, it may be possible to save the registration within 30 days following expiration by contacting registrars during 30 day domain redemption periods.

The following URL leads to the Internet Corporation for Assigned Names and Numbers (AKA ICANN) discussing the grace period and redemption period rules it enforces.

http://www.icann.org/bucharest/redemption-topic.htm

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You've got an EXCELLENT Idea! Now What?
by Mike Banks Valentine

Q: How do I protect an idea before I do any thing else with it?

A: This is a very difficult place to be in, I've had ideas that I've been interested in approaching a client about, but can't until I actually enter a contractual relationship with them. The key is to have signed agreements that state your intellectual property rights or product design patent or design copyright and trademark.

Ideas are delicate and powerful at the same time. Delicate, in that they can disappear with a puff of smoke as you get new information and powerful in that they can literally change the world!

I've prepared a page at my own site to discuss incorporation at

http://website101.com/Click_and_Inc.html

And a couple more resources to protect your ideas are:

http://www.clickandtrademark.com

You will want to protect your idea with copyright for intellectual property, trademark for logos or identity marks, patent for product design ideas and of course the Non-Disclosure Agreement for presenting your ideas to potential partners and investors.

I'd love to tell you about projects I've been involved in, but I've signed non-disclosure agreements (NDA) on the most exciting ones. ;-)

Q: Who do I contact about buying my idea? (This would be an idea connected to the internet offering sevices not yet available.)

A: The answer to that is research, research and more research. The second question means finding someone with money, an interest in your idea and resources such as experience, contacts, intelligence and honesty (tough call that last one). Here are a few more resources I'm familiar with to try out.

http://www.virtualventurecapitalconference.com
http://www.capital-connection.com
http://www.garage.com

Q: If this is a needle in a haystack idea what would I expect from an interested party? Specifically their return correspondence. I'm not concerned with dollar figures at this time.

A: You can't guarantee anybody will respond positively to your correspondence even if you present your case in a dramatic and convincing way without appearing to hype the potential. Over-hyped "opportunities" abound online. Research your potential contacts thoroughly and present your case. Prepare a "non-disclosure agreement" (NDA) and have them sign on the dotted line before giving any sensitive information that could let them walk away your idea.

Above all, don't waste time! Knowledge is power and you can be sure that others will get the same idea before long. So treat your ideas like projects with schedules, deadlines and priorities. The most important issue is managing your time wisely. We've arranged to save you 90% on a time management course! Visit:

http://website101.com/time_control.html

I have done all of the above in regard to several client ideas and website development projects and earned substantial returns on the work from some of them and lost lots of money and time on some of them. There are no guarantees you'll do well. You've got to research, protect your ideas with NDA's and then approach your potential investor/buyer intelligently.

Good luck with your great idea! The web is a great place to launch the latest, greatest original ideas because of the enthusiasm for new ideas online provides fertile ground for your little seedling!

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Mike Banks Valentine
Free Content for your Small Business Ezine!
Visit http://website101.com/freecontent.html



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