Like many in Ohio, you may have reached the point in your career where you are tired of working for someone else, and may be thinking of venturing off on your own. If you are thinking about starting a new business, it's important to understand that doing so involves...
Firm News
Demanding fair treatment as a minority shareholder
A closely held corporation may be the perfect structure for your family business. The benefits of not going public with your shares include keeping simplicity in the operation of the business and allowing only a few people to have control of the company. However, when...
Has a fraudulent mechanic’s lien been filed against your company?
Just like any other type of business, running a construction company is difficult. You have to pay attention to financial factors, interactions with clients, relationships with vendors and suppliers, and the quality of work provided. You may easily feel overwhelmed at...
Thinking about starting a business? Consider these steps.
Starting a business takes a great deal of time and effort. If you believe that being an entrepreneur is your calling, you have the opportunity to make your dreams a reality if you have the drive to pursue your goals and have the right information for starting a new...
What does it mean to breach a contract?
If you entered into a written agreement with another party, you probably entered into a contract. For instance, if you agreed to provide a service or goods in exchange for money, and each of you accepted those terms, then you have a contract. Continuing with this...
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...
Can your company benefit from a buyout agreement?
As a shareholder in a closely held company, you have every reason to want to protect your interests. Since the shares in a closely held company are privately owned, your financial welfare may depend on your agreement with other investors about the fate of those shares...
Contracts may help after finding the right business suppliers
As you start your business, you likely spent a great deal of time deciding who you wanted to bring in as a partner or for some other role that you would work with closely. This type of approach is a wise one as you do not want to cause unnecessary issues by hastily...
Your choice of structure is important for your business
At the beginning stages of owning and operating a small business in Ohio, there are various financial and legal decisions you will have to make. One of these choices is determining which type of structure is most appropriate for your business. This choice depends on...
Should you consider a noncompete agreement for your business?
As a business owner, you undoubtedly like to keep track of your competition. After all, the success of your business could greatly depend on how well similar companies in your area are doing and what you can do to get a leg up on your competitors. One way you can help...