One of the major shifts in American employment patterns that has affected businesses in Ohio as well has been the move of companies away from hiring employees and toward relying on independent contractors. There are a number of practical reasons for this change:...
Ohio businesses that use email for advertising or to promote commercial services or products need to be aware of the CAN-Spam Act as violations of the act can result in fines of $16,000 for each email in violation of it. The act does not prohibit the commercial use of...
Ohio individuals who are considering starting a small business should try to avoid a few legal pitfalls. One is failing to make sure that there is not already a trademark on the name they have in mind for a business or product, as this can lead to a lawsuit. Another...
As some Ohio business owners may know, businesses may offer employment contracts when hiring new employees. This provides assurance to both the employee and the employer that certain aspects of the relationship are tangible, regarded as nonnegotiable or unable to be...
Entrepreneurs and business owners in Ohio might benefit from understanding more about the liability insurance available for many small businesses. Depending on what assets the business owns, conducting an operation without liability insurance may be quite risky. Sole...
Ohio businesses may find that establishing an unsecured loan may cost more interest rates and may be harder to establish than a secured loan. An unsecured loan might require that the individual is extremely credit-reputable in order to be approved. Many entrepreneurs...
Business owners in Ohio may benefit from understanding more about how proceeds from the 7(a) loan program of the U.S Small Business Administration may be obtained and used. Entrepreneurs and owners who are interested in receiving such a loan need to be aware of any...
As many Ohio business owners might know, bank loans may be available to them, but the number of small businesses that seek loans has dropped. This may reflect a less-than-hopeful opinion of the market, or it may indicate a level of prudence amongst small business...
Medical device companies are frequently cited as one of the many reasons that healthcare costs in Ohio and the rest of the country continue to escalate. The basic argument is that innovations in the medical device industry have driven costs up instead of down. The...
The Hunt Sports Group has sold the Columbus Crew, an original Major League Soccer franchise, to Precourt Sports Ventures, a privately-held investment and management firm founded by Precourt Capital Management. Operating mainly in the energy production and distribution...