Business Law

When considering the acquisition of a new company, it is crucial to conduct thorough due diligence to ensure that you make a sound investment. By carefully evaluating a potential acquisition target, you can minimize risks and maximize the likelihood of success. This...

Before moving ahead with an acquisition or merger, you have to review many different issues. From business valuation to carefully reflecting on your goals, it is vital to safeguard your interests and approach the process properly. In addition, you need to focus on...

Selling your business is a major decision that requires a lot of thoughtful consideration. The legalities involved with the sale of a business are complex and there are various factors that you should consider before you begin. According to the U.S. Small Business...

When the individual states signed the Constitution to form the United States, they were individually sovereign. The founders based the constitution on a federalist system, where the states have the power, limiting the federal government to a few key tasks, such as...

As someone who operates a business in Ohio or another state, a time may come when you struggle to collect money owed to the business. You may initially try to encourage the non-paying party to pay you by sending demand letters or making follow-up phone calls. However,...

In recent years, businesses in Ohio and throughout the world have experienced significant supply chain disruptions. Since the failure to provide materials as promised could lead to a breach of contract, many legal matters come into play. The approach a company takes...

When you draft a contract with another business, you may want to consider a severability clause. A severability clause states that if any other provisions become unenforceable, the agreement will remain intact. Businesses should consider severability clauses when...

As a business owner, you have likely given your all to build your business from the ground up. At some point, you may realize the time has come to sell it. Whether selling for a positive change or knowing a competitor can better handle the lingering effects of...

When business is going well, the next logical step is to use that upward momentum for growth and expansion. One way to quickly branch out into a new market all at once is by acquiring another business and all of its resources, but this is not a one-size-fits-all...

Having a succession plan in place is important from a business perspective due to the fact that you simply cannot predict everything that will happen in the future. If you have a good succession plan in place, you can remove the stress of figuring out what to do with...