Ohio businesses often enter into written agreements with other businesses or individuals. These contracts contain the terms of those agreements between the parties. A business that decides not to honor a contract faces many potential consequences. Contract...
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...
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...
Better ingredients may make better pizza, but they don't always make better business. When the brand of a company is tied to the identity of the founder and CEO, it may be difficult to salvage the reputation of the product if the founder's own reputation is in...
Employers in Ohio and elsewhere do what they can to ensure their staff members are being paid fairly, yet at the same time not to the detriment of their companies. Certain laws allow employers to withhold overtime pay if their employees are classified in a certain way...
Investors, stockholders and board members all have a vested interest in businesses with which they are associated. In each case, the individual is often motivated to do what he or she believes will provide the greatest return to both the company and the individual. As...
As a business grows, so does its potential for profits and controversy. Business growth often means there is a need to enlist additional employees, and if the Ohio business is a corporation, it may mean there is a need to expand the company's board of directors. With...
An intentional oversight, not sharing the truth or misleading information -- these are all statements that can be used to describe the interactions among some business professionals. In many cases, the damage done is minimal or nonexistent and the matter is never...
The U.S. News - Best Lawyers "Best Law Firms" rankings are based on an intensive evaluation process which includes collection of client and lawyer evaluations, peer review from leading attorneys in their field, and review of additional information provided by law...
In order to operate, companies need funding. This funding can come from a variety of sources, including traditional bank loans and stock sales. The manner in which an Ohio company is funded often depends upon the type of company, the market in which it operates and...