10 Essential Questions To Ask When Creating Your Business Succession Plan

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succession plan

Planning for the future of your business is an important process that you shouldn’t neglect. Business owners in Ohio often invest years of hard work and dedication into building their companies. However, many forget to consider what will happen when they’re no longer at the helm. Whether due to retirement, unexpected illness, or other circumstances,… Read more »

Estate Planning for Blended Families in Ohio: Key Considerations

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estate planning

Estate planning can be a complicated legal process, especially for blended families in Ohio. The complexities of family dynamics, financial considerations, and legal implications necessitate careful consideration and planning to ensure that the individual’s wishes are met while protecting all family members’ interests.  In Ohio, where state laws and regulations govern estate planning matters, seeking… Read more »

What Does Substantial Performance Mean In Business Law?

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substantial performance

If you plan to run and operate your business, you must understand many aspects of business law. Business law is a specialty that concerns business operation, formation, and transaction, including issues surrounding liability and taxation. The subject also often deals with managing a business and relationships between owners, vendors, and customers. This article explains the… Read more »

How A Contract Protects Everyone In A Family Business

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business contract

Your family business is how you earn a living and must be protected. Unfortunately, many small business owners risk everything they have because they do not have contracts to safeguard their interests. This is understandable; many family business owners have their hands full running the day-to-day operations. However, with the help of a skilled attorney,… Read more »

How to Protect Your Business From Lawsuits in Ohio

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For business owners, there are few things more frustrating than facing a lawsuit. According to a recent report cited by Forbes, somewhere between 36 and 53 percent of businesses in the United States are sued each year. Litigation can come from a supplier, a competing company, an employee, a client/customer, an employee, or even a… Read more »

Business Law: What is Substantial Performance of a Contract?

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In contract law, substantial performance is a term used to describe a type of performance that, while not complete, is still sufficient to fulfill a party’s obligations under the agreement. In other words, the legal doctrine sometimes allows parties to avoid facing a breach of contract claim even though they technically deviated slightly from the… Read more »

Is Your Small Business Facing a Lawsuit? Here are Four Steps You Need to Take

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Small businesses are the backbone of Ohio’s economy. According to the Small Business Administration (SBA), there are nearly 950,000 small businesses in our state. Last year, Ohio’s small businesses created nearly 70,000 new jobs. Owning and operating a company brings more than its fair share of challenges. As a small business owner, one of the… Read more »