Starting a new business sometimes makes you feel like you need to run forward with the idea as fast as possible, using your momentum to take the company off the ground. This enthusiasm is good, but it is wise to slow things down a bit and make sure you do it the right...
Month: October 2018
Should a business lease have renewal options?
When creating a business lease, is it wise for those on both sides to talk about renewal options in advance? It certainly can be, as it may help prevent a situation in the future where the tenant wants to break the lease. After all, commercial leases are something of...
Could an auction eliminate any chances of an estate dispute?
In trying to plan around potential estate disputes, you realize that children probably are not going to fight over money. You plan to split it all up equally. Instead, any disputes will likely settle on sentimental items and things that the children have an emotional...
Be careful about entering into a quick business partnership
If you're thinking about starting a new business with a partner, you need to make sure you do not move too quickly. This isn't something that you want to rush into. After all, people often start companies with close friends, co-workers and even family members. Some...
Why you should try to negotiate the terms of a commercial lease
One of the most difficult aspects of running a small business in Ohio is finding the right space from which to do it. Commercial real estate can be complicated, and it is not always easy to find an affordable store front or industrial space for your operations. Once...
When should you require a nondisclosure agreement?
One of the key sources of confusion around nondisclosure agreements (NDAs) for business owners and entrepreneurs is when they should require someone to sign one. Generally, an NDA is warranted whenever someone is going to be privy to valuable and/or confidential...