Starting a new business is an exciting journey filled with many decisions. One of the most important choices is selecting the right business formation. The structure you choose affects taxes, liability, and how you run your company. Understanding the different options...
In today's digital age, businesses must focus on protecting themselves against cyber threats and data breaches. Safeguarding your company's information is essential. Here are six key strategies for protecting your company's sensitive information. Implement strong...
A breach of contract occurs when one party does not fulfill their obligations under a contract's terms. This breach can vary in severity from minor to material, and understanding the nuances is important for businesses. What is a breach of contract? A breach of...
Non-compete agreements are a valuable tool for protecting a company’s interests when an employee leaves. However, it is important that you write the agreement carefully written to hold up in court if challenged. There are 3 key elements to include when drafting a...
The rate of startups in 2021 increased by almost 10%. This translates to over 476,000 new startups and indicates a strong market as well as one that will likely continue to grow in coming years. Is it all good news for start-ups? It is important to point out that...
Thanks to a recent agreement between the Consumer Financial Protection Bureau (CFPB) and the National Labor Relations Board (NLRB), more American workers will have better protection in a gig economy. Key areas concerning modern-day employees include employer-driven...
If you are a building contractor or developer, a construction defect claim could harm your professional reputation and ability to earn income. Furthermore, going to court can be expensive and time-consuming. Fortunately, there are ways to defend yourself when facing a...
Non-compete agreements are standard for many businesses and industries to protect trade secrets and intellectual property. In Ohio, a non-compete agreement is only enforceable if it meets the state’s requirements. Ohio law states that the applicable term cannot exceed...
Forming a limited liability company is a crucial step for many small businesses. Rather than continue as a sole proprietorship, an LLC helps you avoid liability and pay taxes as a company rather than an individual. Utah residents may file for an LLC with the Utah...
A number of unique and complex situations can arise when a landlord leases out a space to a commercial tenant. The relationship a landlord has with a business owner on their property is very different than that of a typical residential tenant. Landlords can resolve...
