Often, when talking to other business owners or vendors, you'll find people who want to do a deal without a contract. They may just not want the hassle, or it may be a direct scam. No matter what, it's a huge risk, and businesses have been ruined by people who skipped...
Month: September 2017
3 things to do when forming your company
You've finally decided to take the leap. You're going to start your own company. You're excited to see just how profitable it can be, and you're thrilled to be your own boss. Don't get ahead of yourself. A lot of new business owners make the same mistakes. To avoid...
The origins of termination for convenience clauses
A termination for convenience clause is fairly powerful, in that it gives one party the ability to call off the deal even if the other party argues that everything was done perfectly. For example, a contractor could be hired to construct a new building. The project...
Do you know what to include in a partnership agreement?
As a business owner in Ohio, you understand that it’s often necessary to bring in outside assistance to fulfill a business need. In some cases, this may mean creating partnerships with other individuals or entities who can help your business flourish. If you consider...
Avoid unfair distributions by updating your will
One of the biggest reasons for an estate dispute is that one person feels the distributions were unfair. A daughter feels like she was given less than her brothers, for example, and thinks she deserves an equal portion. This can happen for many reasons, but it's...