Human resources are a key component to the success of any business. In many situations, in fact, staff control some of the most important information. For businesses that have significant trade secrets known by or accessible to staff, noncompete agreements are a critical form of protection.
With a new year around the corner, people in Ohio may be focused on getting their finances in order. Along with making sure their will is up to date, some may be thinking of setting up a trust. As a way of preserving and passing on wealth, a trust can be beneficial in certain situations. When setting up a trust, the owner needs to decide whether it is revocable or irrevocable.
Starting a new business in Ohio can be exciting but it also comes with a lot of stress. Being prepared for the lows and challenges will improve the chances that the company will still be standing in years to come.
If you have found your Ohio business stagnating, you may discover chances to branch out by forming a joint venture with another businesses. A joint venture allows two companies to work together on new projects, often combining their resources, subject matter areas and audiences to create mutually beneficial new opportunities. At Baker, Dublikar, Beck, Wiley & Mathews, we understand that navigating the state-specific requirements for joint venture formation may be extremely complex.
Property owners in Ohio should be aware of the terms trespass and nuisance, as they both relate to protected interests in regard to the possession, enjoyment and use of land. A person who commits either of these acts may be liable in court whether harm was caused or not.