Hiring a new employee usually marks another important step forward for your business. But just like with any employment relationship, you must make sure your employee understands what you expect of them as the employer. One way to do this is by requiring your new...
Partnership for the Good of Your Business
Business Law
3 ways in-house counsel can help your business
Has your business been spending an increasing amount of time and money seeking legal advice? It may be worth considering bringing on in-house counsel. In addition to the benefits of potentially saving both time and money, the following details other advantages. 1....
How can you choose a successor for your business?
Succession planning is the process of choosing a successor to run your business after you retire. It ensures that the business you worked so hard to grow and develop will remain in good hands after you move on to the next phase in your life. Because there is so much...
Be wary of these red flags in a commercial lease
Ohio commercial leases often have longer durations than residential leases, so it becomes extra important that you understand what you are getting into before you sign your commercial lease. Sometimes, commercial landlords may bury complicated legalese within your...
How can I create a solid exit strategy?
While you might not be able to imagine walking away from your business today, there will come a time when you choose to retire. When that time comes, you must have a plan in place for the best possible outcome. This is what Kiplinger describes as having an exit...
Can an employee handbook help your business avoid litigation?
As an Ohio business owner, you may want to consider creating an employee handbook that outlines your business’s objectives, benefits, guidelines and culture. Having a handbook in place offers benefits not only for you but also your employees. It also helps ensure that...
Is litigation your only option?
Business owners should understand that disputes simply exist as part and parcel of the business world. No matter how you run your business and how carefully you try to avoid disputes, it is often inevitable that something will happen someday. The important thing is...
Statistics on employment discrimination charges
If you run a business, you could encounter a number of legal hurdles that threaten the reputation and even the future of your firm. Sometimes, a former staff member lies about their experiences in order to seek revenge against a company they used to work for, while...
How should I handle negative online reviews?
As a business owner in the modern environment, you can expect people will go online and leave reviews about your business. Many of these will probably be positive and benefit your company in many ways. From time to time, you may have a bad review. Bad business reviews...
What a special purpose acquisition company may offer
A Special Purpose Acquisition Company may provide a workable plan for a business hoping to sell itself or raise capital. Also referred to as blank-check companies, creating one could serve as a means to obtain funding from investors to enable a merger or acquisition...
