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Which legal aspects have to be considered in PR?

09/01/2023 | By: FDS

When it comes to public relations (PR), there are several legal aspects that should be considered to avoid conflicts and comply with legal requirements. Here are some important points:

Truth and Accuracy: PR materials, press releases and statements must be truthful, accurate and not misleading. False statements or misleading information can lead to legal problems, such as lawsuits for defamation or misleading statements.

Copyright: It is important to respect copyright and not use copyrighted materials (text, images, music, etc.) without the necessary rights. Make sure you have the necessary licenses or permissions to use third-party content.

Privacy: You must comply with data protection laws when doing PR work. Make sure that you process and store personal data (such as names, contact details, etc.) only with the consent of the people concerned. Inform people of the purpose of the data collection and ensure that appropriate safeguards are in place to protect the data.

Slander and defamation of character: Avoid making false or defamatory statements about people, companies or products. Defamation can lead to lawsuits. Make sure your PR statements are fair and factual and do not contain improper claims.

Trademark Law: do not use trademarked brand names, logos or marks without proper permission. Avoid confusion with other brands and make sure your PR materials do not appear to be from another company.

Imprint requirements: be aware of imprint requirements when publishing PR materials online. In many countries, commercial websites and online content must contain an imprint that includes information about the identity of the person responsible.

Rights in your own image: If you use photos or videos of people in your PR, make sure you have the consent of the people pictured. Note that there are also legal restrictions when using images of celebrities or public figures.

It is advisable to consult with legal counsel or an attorney when dealing with legal issues to ensure you are complying with all relevant laws and regulations.

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Hourly rates in public relations

09/01/2023 | By: FDS

Experienced PR Reps: $80 - $120 per hour

PR Managers or Subject Matter Experts: $120+ per hour

These estimates are general guidelines and may vary depending on the type of service (media relations, crisis communications, event planning, etc.) and the specific task.

Since public relations is diverse, it is important to research current market data and prices in your region and industry. Your own experience, expertise and the added value you can offer customers should be taken into account when pricing. The competitive landscape and customers' willingness to pay are also important factors.

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Press Release Distribution Tool & Media Contacts for your success

08/31/2023 | By: FDS

An often-used tool by companies and PR professionals for distributing press releases and managing media contacts is called a "PR distribution service" or "PR software". Such tools assist in sending press releases to a wide range of media, journalists, and editorial teams, while organizing the entire PR process. Here are some popular options:

1. PR Newswire: This is one of the most well-known PR distribution services. It enables the distribution of press releases to a large number of media contacts and news agencies worldwide. They also provide analytics features to measure the success of your releases.

2. Business Wire: Similar to PR Newswire, Business Wire offers global distribution of press releases and media contact management. They also provide services like multimedia integration to include images, videos, and more in your releases.

3. Cision: Cision offers a comprehensive PR and media management platform. In addition to press release distribution, it facilitates media contact management, media monitoring, and result analysis.

4. PRWeb: PRWeb is a more cost-effective option for press release distribution. They offer different service packages to cater to the needs of various companies.

5. Meltwater: Meltwater offers not only press release distribution but also tools for media monitoring, social media analysis, and competitive research.

6. Prezly: Prezly serves as a PR platform focused on relationship management. It allows for the management of media contacts, creation of interactive press releases, and maintaining contact with journalists.

7. Mynewsdesk: Mynewsdesk is a PR platform that facilitates distribution, monitoring, and analysis of PR content. It also eases engagement with relevant media contacts.

Prior to selecting a tool, consider your specific requirements and budget considerations. It's also important to recognize that the success of your press releases depends not only on the choice of tool but also on the quality of the releases, their relevance to the target audience, and the relationships with media contacts.

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Startup ticker week 34/2023: 1,908 company start-ups in Germany

08/31/2023 | By: FDS
In the 34th calendar week, 1,908 companies were founded in Germany and officially registered in the commercial register.
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GbR vs. UG (haftungsbeschränkt) - Advantages & Disadvantages

08/31/2023 | By: FDS

The choice between a GbR (civil law partnership) and a UG (limited liability company) depends on various factors, including the size of the company, liability considerations, flexibility, tax implications and long-term plans. Here are some of the pros and cons of both legal forms:

Advantages and disadvantages of a GbR:

Advantages:

Easy formation: Forming a GbR is relatively straightforward and does not require any formal notary contracts.

Flexibility: GbRs offer more flexibility in the drafting of contracts and the internal relationships between the shareholders.

Lower costs: The start-up costs and running costs are usually lower than for a UG.

Shared Control: All shareholders have an active role in the management and control of the company.

Cons:

Unlimited liability: The partners are personally and unlimitedly liable for the obligations of the GbR, which represents a financial risk.

Limited financing options: It may be more difficult to attract investment or borrowing as the risk of liability is higher.

Lack of seriousness: GbRs are often seen as less serious than legal entities such as GmbHs or UGs.

Limited legal personality: A GbR does not have its own legal personality, which can potentially lead to legal challenges.

Advantages and disadvantages of a UG (limited liability):

Advantages:

Limited liability: The personal liability of the shareholders is limited to the capital contributed to the UG.

Seriousness: UGs are often considered more serious than GbRs because they offer limited liability.

Low start-up capital: Founding a UG requires less start-up capital than a GmbH.

Fast foundation: The UG can be founded faster than a GmbH.

Cons:

Limited flexibility: Establishing and managing a UG is subject to more formal requirements than a GbR.

Lower funding opportunities: The UG may have a harder time attracting investors or obtaining credit compared to a GmbH.

Long-term planning: As the company grows, the UG may need to be converted to a GmbH to support larger business activities.

The choice between a GbR and a UG depends on the individual goals and needs of the company. It is recommended that you seek professional legal and tax advice in order to make the best decision for your specific situation.

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