What is a fiduciary duty for Board Members?For businesses, fiduciary duty is the legal and ethical responsibility of board members (known as the fiduciary) to act in the best interests of the business and its shareholders. It’s the most important and basic obligation required to ensure a strong legal and professional relationship between every board […]
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AI Laws Differ by State
The laws governing artificial intelligence are increasingly different depending on where you are in the US, a mounting source of confusion for businesses racing to capitalize on the rise of AI. This year, Utah state lawmakers are debating legislation requiring certain businesses to disclose if their products interact with consumers without using a human. In […]
Tips for Starting Your Own Business
8 Tips for Starting Your Own Business in 2024 Identify your business’s value proposition. What will your new business offer? What problem will your business help solve for your customers? How is what you will offer different from existing businesses or competitors? As you think about what your new business will do, make sure to […]
On 4/23/2024 the FTC Announced Rule Banning Noncompetes
April 23, 2024 the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation. “Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 […]
Things to know about forging a strong partnership with a Hyperscaler
Things to know about forging a strong partnership with a Hyperscaler How big do you think a business needs to be before the likes of Google and Microsoft will work with them? The answer may surprise you: As an agency of 25 people, Transcends Marketing has successfully partnered with the world’s largest companies. You, too, […]