As a business owner, you likely consistently look for ways to increase revenues and cut costs. Often, these methods involve working with entities in other states. However, the state borders can complicate your contracts and business relationships. These are things you...
Partnership for the Good of Your Business
Contract Disputes
How can your partnership agreement help prevent a dispute?
Going into business with a like-minded partner presents many lucrative opportunities. However, two individuals with strong leadership skills will eventually have conflicting opinions on how a business should operate. The partnership agreement that you draft upon...
What is “termination for convenience?”
Entering into a new contract with a business partner provides your company with a good deal of security. This comes from the assumption that as long as your company adheres to the terms of the agreement, your partner will not be able to end your agreement prematurely....
How to gain leverage in negotiations with powerful suppliers
Small businesses around the U.S. understand the challenges of working with powerful suppliers. These corporations hold sway over entire regions, often becoming the only supplier of certain raw materials or manufacturing parts in the area. These near-monopolies have...
Contract basics and what to do about a contract dispute
Contracts are the foundation for many business relationships. Contracts are crucial for defining the rights and obligations of the parties to the contract, which is why businesses should understand the components of a contract and how they can respond if a dispute...
Ohio TV channel pulled while contract disputes continue
Ohio WJW Channel 8 viewers may be feeling quite frustrated since losing access to their favorite station. There is currently no information regarding when (or if) the station will return to service. The situation involves contract disputes between Tribune Media, the...
Employment contract disputes can affect company
Employees can make or break a company. Good employees can attract new customers, produce results and generate income for the company and its owners. On the other hand, other employees can have a negative impact on the company, its reputation and its bottom line....
Contract disputes may require legal remedy
Companies often must depend upon each other in order to be successful. One company often supplies needed resources to another Ohio company. This relationship may be established through a hand-shake, verbal agreement or even a written contract, and without this...
Solid contracts do not always prevent contract disputes
Hiring a new employee is often a leap of faith. An Ohio employer may not know how closely the new hire will compare to the outstanding resume and references presented during the hiring process. Nevertheless, the employer may offer the candidate a job. However, when is...
Early contract termination can lead to contract disputes
At some point in time, most Ohio contracts come to an end. This can be because the contract has been fulfilled or one or both parties decide to terminate the contract. When the contract comes to an end due to termination by one or both parties, it is likely that a...