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As Ohio businesses grow, many company owners may believe they have reached a point where acquiring another company is feasible. A business acquisition could have various benefits, such as allowing for growth, breaking into a new market, decreasing competition and...
Running a business involves going over numerous minute details. Some Ohio business owners may feel that some of the aspects of running a company are tedious, but they likely also know that even the most minor detail could have major effects on their business. As a...
Are you thinking about a change of ownership of your company? If you are, start preparing now, even if you’re not planning to leave immediately. A change in business ownership can be a sensitive matter for employees as well as affect several aspects of a business. The...
Letting an employee go is challenging for everyone involved. With such a life-changing event, many in the business world feel it is prudent to be as open, honest, and prepared as possible for the way the terminated employee might respond to their termination. Right to...
Family relationships are challenging even in the best of times. During a major transition such as transferring ownership or control of a family business to the next generation, misunderstandings and poor communication can derail the best intentions and plans. A...
Are you thinking about starting a business with another person? If you are, you’ll need to set up specific contracts such as a partnership agreement. They’re necessary even if it’s your spouse, a relative, or friend who’s going to be your...
Businesses in America must follow federal and state anti-discrimination laws. The anti-discrimination practices include treatment of employees of the business, treatment of customers, and business policies. Several areas that are not included in federal...
The federal government maintains authority to regulate intellectual property, and it does so by registering IP through the U.S. Copyright Office and the U.S. Office of Patents and Trademarks. In the current environment of creative digital work, however, the issues...
Introduction The goal of many entrepreneurs is to merge with or be acquired by another company. They have grown their business to the point where it is attractive enough for another company to want to own it or to be part of it, and profitable enough for the financial...
If you’ve ever tried to cancel your cable or cell phone contract, you know how hard it can be. With business-to-business services, it can be even worse. You might be stuck with an expensive contract or bad service for years. So the next time you need to create a...
