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One of the most important things to get right as a business owner is your contracts. Unfortunately, they are one of the things people most frequently get wrong. A well-written business contract could mean the difference between your company surviving a dispute and...
Dealing with business litigation is stressful for both parties. It can cost you a lot in time, money and trust. In hindsight, you may realize you could have taken measures that would have avoided a problem becoming a lawsuit. How can you reduce the risk of business...
There is something every entrepreneur needs to understand about a written partnership agreement: It’s not intended for the good times. The halcyon days when the partners are full of good cheer and their thinking is aligned on all the important aspects of the business...
When you negotiate the terms of your next commercial lease, it is prudent to make sure that you get the most mileage out of the use and exclusive use clauses contained in the document. These are two provisions of a lease that can become a bit of a sticky wicket for...
Ohio entrepreneurs understand the challenges when dealing with powerful suppliers. Whether they purchase construction materials, company uniforms, office supplies, or raw materials, massive corporations seem to dominate the market. Many small business owners may feel...
When you enter into an employment contract, you need to be very aware of your rights, negotiating power and goals. Before signing your contract, you should be absolutely sure that it protects you and values your work. Ask yourself the following questions: What is the...
Your business likely relies on manufacturers and distributors for a variety of needs. Whether you count on your supplier for equipment, ingredients or product inventory, you depend on it to honor your agreement. When a supplier fails to meet their obligations in a...
Employment contracts are crucial for both employer and employee. These documents protect each party’s rights and designate each party’s responsibilities to each other. A solid contract can go a long way toward preventing time-consuming, costly employment disputes....