By: Diana Herzan | October 23, 2017

Is there anything proprietary about my business?

Any time you can get five or more wealthy, successful people in one room together, if you’re listening, there is bound to be something of great value to be learned. I watch a lot of Shark Tank and wish that more independent business owners would do the same. It is some of the best free education a business owner can soak up. In particular, one of the questions that gets asked often is, “Is there anything proprietary about your business?” Here's why this question is the focus of the rest of this article.

“Is there anything proprietary about your business” sounds like a great question if you are talking things over with a potential investor. The investor wants to know how unique, special and uncopiable your business is to determine if you...

Category: Reputation