For many Ohio entrepreneurs, making money is the objective. However, setting definable goals for one's business is an excellent way to plan for success and to bring one's employees into the process of achieving that success. This is why business planning advocates...
Closely held business organization has common pitfalls
It makes sense that large, public corporations receive more press than small businesses. After all, those who have a financial interest in a large corporation may be far-reaching since public companies offer their stock on the open market. However, the most common...
Early contract termination can lead to contract disputes
At some point in time, most Ohio contracts come to an end. This can be because the contract has been fulfilled or one or both parties decide to terminate the contract. When the contract comes to an end due to termination by one or both parties, it is likely that a...
Commercial real estate investors must be flexible
One of the challenges Ohio commercial property owners are facing is the rise of the digital marketplace. Studies show that 96 percent of consumers do their shopping online, and more industries are hiring remote employees who work from home. This eliminates the need...
What is a breach of contract?
Contracts are a common part of doing business. Ohio businesses use them in the sale and purchase of products, in the employment of individuals and in many other instances. The purpose of the contract typically is to establish the specific terms of the individuals' or...
Business planning can minimize risk and maximize reward
Risk and reward often go hand in hand. For some, starting a business is just something to dream about; however, for others, it is more than just a dream. Turning this dream into reality is the driving force behind new Ohio business ventures. One part of the risk and...
Shareholder disputes: Papa John’s pizza involved in lawsuit
It often takes many people to help run a successful business. Typically, companies create boards with shareholders that can have at least some say in how certain operations within the company take place. However, it is not uncommon for shareholder disputes to...
Employee contract disputes lead to termination
One of the more common contracts a business in Ohio may use is the employment contract, and many of those contain noncompete agreements. While an employee may feel the noncompete agreement potentially hinders his or her ability to pursue better opportunities in a...
Closely held business organization has benefits
Starting a small business in Ohio means making many decisions before the first transaction is ever made. One of the first decisions may be the type of business organization to use that will be most appropriate for the goals of the entrepreneurs. Many just starting out...
Breach of contract can occur when employee changes companies
Companies often spend considerable time and money searching for and training employees and managers. The Ohio based company goes to this expense in anticipation of the individual remaining loyal to the company and working with the company for at least a certain time...