A business cannot stay solvent unless it receives timely payment for its goods and services. Ohio law provides for creditor’s rights litigation so that businesses can seek payment for what is owed to them. Debtors also have legal rights, though. Businesses, generally...
Month: April 2020
A primer on non-compete agreements
It takes a lot of hard work and dedication to build a business. Keeping it competitive in today’s market can be another challenge altogether. This is why businesses need to make sure they are taking the steps necessary to protect their interests as comprehensively as...
Contracts are the foundation of strong business relationships
Each day businesses throughout Ohio enter new contracts or choose to extend agreements that they have with other parties. Through these contracts they may hire new employees, secure services or goods from new vendors, buy or rent buildings for their operations, or...
What is a buy-sell agreement?
A buy-sell agreement is, generally speaking, either part of or an addition to a shareholder agreement. By way of background, many small, family-owned businesses have a shareholder agreement all parties who own stock in the family corporation, or an interest in an LLC,...
What you need to know about arbitrage wholesaling in real estate
To most of us the term “arbitrage” sounds vaguely familiar. Arbitrage, as a noun, is the buying and selling of things (usually securities) at a low price, and then almost immediately selling them at a higher price. In real estate arbitrage, used as a verb...
