When Ohio residents enter marriage, they assume it's going to be forever. Unfortunately, some marriages don’t last. When they don't last, the former partners need to figure out a way to dissolve the marriage. Many people assume that divorce is the only way for a...
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Are employment contracts really necessary in small businesses?
Whether your small business needs an employment contract depends on your circumstances. Many small business owners in Ohio forgo employment contracts because they view them as being more trouble than they are worth. However, failing to take the time to determine if...
Don’t forget the legal aspects of running your company
When you first had the idea of starting your own business, you may have simply considered it a passing notion. After all, many people have ideas that they do not pursue or that would not necessarily turn into a beneficial undertaking in the long run. However, as the...
Look out for these 4 business start-up mistakes
A great business idea does not come along often. Though many Ohio residents may have a vague notion of a business concept that seems interesting, the likelihood of those concepts coming to fruition are often slim. However, you may have found yourself in a position...
The benefits of a limited liability company
For years, you have been working for others, building your skills and squirreling away your money. The purpose of all that hard work and discipline is so that you can start your own business. You may have given a lot of thought to your plan of action, how you will...
What type of damages could you gain after a breach of contract?
Though you may hope that you will have the ability to run your business without any major hiccups, most business owners like yourself typically face some difficulties. Many of those challenges may have relatively simple resolutions, and others may need significant...
An operating agreement can help you protect your business
When starting a business in Ohio, there are many decisions that you must make. One of the most important initial steps that you would be wise to take is to establish how your business will run. Limited liability companies need operating agreements to outline the...
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...
The complex process of business succession
When a business is closely held or family operated, outside employees may feel comfortable in the work environment and even think of the business as an extended family. Whether you inherited your business from a parent or grandparent, or you started it from scratch,...
Partnership agreements keep businesses running smoothly
You and your partner are set to go. You have a business plan in place and a launch date in sight. With the excitement of getting ready to open your new enterprise, you may think nothing could go wrong. In fact, as you and your partner made your plans, it may have felt...