For companies in Ohio and elsewhere, now is the time for business planning. Whether a company needs to make short-term plans, such as setting goals for the next three-to-five years, or long-term plans, such as those related to business succession, no time is better...
Business Formation & Planning
Helping Entrepreneurs Make Business Formation Decisions
At the Cleveland law firm of Dinn, Hochman & Potter, L.L.C., we offer a wide range of legal services to business owners and company leaders in northern Ohio. In fact, over the years, our law firm has been instrumental in helping countless entrepreneurs start their...
What are some considerations for starting a business in Ohio?
Starting a business begins with an idea, but it certainly does not does not end there. between the concept and the commencement of operations there are several legal matters that you must decide upon. This post touches on some of them. To begin with, you will need to...
How do I form a joint venture business?
Are you in the beginning process of planning and forming your new Ohio business? Congratulations, this is an exciting undertaking that could lead you down a road of major success in the state. If you already have a business and are looking to expand, you may be...
What is a sub-s corporation?
When forming your future business, it is important to establish what type of corporation you are planning. The status of your business will play an important role in determining what taxes you are held liable for in the state of Ohio. You could also be eligible for...
Creating a successful business in Ohio
Ohio is a great state for entrepreneurs. Small businesses open up seemingly every day, and many of them do quite well. But unfortunately, many also fail. Seeing these businesses fold may discourage you from creating a company of your own. There are a few things you...
Careful planning can reduce the possibility of business disputes
Creating and operating a business is among the most challenging and rewarding activities that any entrepreneur can engage in. The prospect of making a good living by providing a valuable product or service is compelling, but at the same time if things go wrong then...
Avoiding small business legal mistakes in Ohio
Many small business owners make errors that could potentially lead to the failure of their businesses and significant personal liability for business debts. It is important for small business owners to be aware of the common errors they might make in order to take...
Pitfalls to avoid with online business opportunities
Starting an Internet business is something that many Ohio residents have considered, and tales of billionaires barely old enough to shave can be compelling. However, the rules of commerce do not magically disappear because transactions are completed online, and...
The difference between a partnership and joint venture
Ohio residents who are planning a new business venture may want to consider whether a partnership agreement or a joint venture agreement is appropriate. The main difference between the two types of partnerships is the length of time the partners expect to be engaged...