Dinn, Hochman & Potter, L.L.C.
TF: 800-233-4079
L: 440-681-8005

May 2017 Archives

Real estate lease may be new business' best option

Many times, when an Ohio business is first starting out, the business owner must decide between renting or buying space in which to operate the business. This decision is often based upon a variety of things such as the current real estate market, financing options and available capital. Many new business ventures find that leasing property is the appropriate option in the beginning.

Business valuation useful in business planning

At one time or another, each Ohio business owner will begin to wonder exactly how much his or her business is worth. There are a variety of reasons that this thought process will come about, including formulating answers to shareholder questions, purchasing or selling parts of the business or equipment, possible retirement or even estate planning. Having a good understanding of the value of the business is often necessary for your business planning purposes.

Contract disputes with city prompt filing of lawsuit

Like everywhere else in the country, Cleveland relies on private contractors for many of its projects. In many cases, everything goes according to plan, but in others, contract disputes arise. If the city and the contractor are unable to come to an agreement outside the courts, a lawsuit could result.

'Fixer Upper' star Chip Gaines faces business litigation

The couple made a splash on HGTV with their down-to-earth style and stunning home remodels. Fans in Ohio and beyond saw Chip and Joanna Gaines quickly rise to stardom following the success of their TV show, "Fixer Upper," in which Gaines's company, Magnolia Realty, convinces couples to purchase inexpensive homes that he and Joanna then renovate and redecorate. The TV show spawned a line of products for the home as well as books and other merchandise. However, it also spawned business litigation as former partners of Chip Gaines claim they were defrauded.

The corporation as a form of business organization

After months or perhaps even years of planning, it is time -- time to dive in and join hundreds of thousands of entrepreneurs across Ohio. The concept is sound and the opportunity for a new business startup seems right. Perhaps one of the only remaining decisions is what type of business organization to form.

Can I be fired for reporting illegal activity at work?

Imagine that you are at work and witness a fellow employee or supervisor committing a crime. You are about to report the illegal activity and then you stop and think to yourself, can I be fired for reporting this? What if my company accuses me of not being a loyal employee? The answer is that you are protected from retaliation by your employer for reporting illegal activity as long as you follow the proper steps.

Office Location

Dinn, Hochman & Potter, L.L.C.
5910 Landerbrook Drive, Suite 200
Cleveland, OH 44124
-6500

Local: 440-681-8005
Toll Free: 800-233-4079
Fax: 440-446-1240

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