Your business can survive a transition to the next generation

Are you hoping to give your business to your children? Are you the adult son or daughter who is hoping to take over the family business? Well, there’s good news and bad news. The bad news is something you may have already heard before: About 70% of… Read More
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Pick the right structure for your business needs

When you’re starting a business, it’s easy to get overwhelmed. There’s a lot to do — not the least of which is deciding what type of business entity you want to use. The decision should be made early not only because it may be difficult to ch… Read More
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What are the first things an executor should do?

Being someone’s executor is a huge responsibility — and it can be rather overwhelming. Not only are you coping with your own feelings about your loved one’s death, but you have to immediately start dealing with the estate. Where do you start? H… Read More
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How does lack of mental capacity factor into challenging a will?

Not everyone who creates a last will is in a legal position to do so. Sometimes, individuals may attempt to create or alter a last will when there is reason to worry about their mental state. As people age, their cognitive function can decline. It is… Read More
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Can you name anyone as an executor?

One of the most important aspects of estate planning is naming someone to be the executor of your will. In Ohio, an executor must be at least 18 years old and mentally competent. Unless you waive the requirement for your executor to obtain a bond fro… Read More
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Ohio is becoming king of natural gas and shale

Ohio has played a big role in the oil and gas industry for decades. Over the past few years, coal and nuclear plants have been shutting down, but the Buckeye State has been growing its natural gas and shale contributions to replace them. According to… Read More
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Why so many entrepreneurs choose an S-Corp

When starting a business in Ohio, there are a few legal requirements entrepreneurs must consider before they can set up shop. One of the main things businessowners need to decide is the business type they want to operate under. Most entrepreneurs cho… Read More
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Is a business partner a good idea?

For people wanting to start a business in Ohio, they may think that having a business partner is a good choice. While this can be beneficial in many situations, it is important to weigh the pros and cons before partnering with someone. Forbes discuss… Read More
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What is business/corporate espionage, and how can you fight back?

Modern business can be incredibly cutthroat. Your competitors could do all kinds of things to try to reduce your market share from intentionally sabotaging your business to stealing your idea or mimicking your packaging to dilute your brand. Constant… Read More
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Categories: Uncategorized

Small businesses need to protect themselves from lawsuits

When starting a business in Ohio, there are a lot of decisions to make, and owners have many hats they need to wear. One thing to keep in mind is to set up a good employee culture from the beginning and to put steps into place to help prevent employe… Read More
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Categories: Business Litigation