Anyone who has even learned about starting a business will tell you that it is a risky undertaking. A significant number of new businesses fail in the first few years, even if the idea for the company is excellent. All the planning in the world will fall far short of...
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Contract renewals: Don’t just sign the same old thing
Each year, you sit down and look at your annual contracts with your vendors. It takes time to negotiate these contracts, so normally you think that what’s working shouldn’t be changed. With changes in the supply chain, issues with getting the products you need and...
Opening a new business? Avoid deceptive acts
Deceptive trade practices can get your business into trouble with the law. Whenever you’re selling a product or service, you need to be sure that you are doing so in accordance with the law. If you’re accused of taking advantage of consumers, you may end up facing a...
3 possible solutions if a breach of contract hurts your company
Formalizing an agreement in a contract probably means that it is important for your business. Whether you just hired a new independent contractor to help with the project or found a new supplier to provide something you need for your most popular product, you want to...
Tips for selling your commercial property to your business partner
If you have commercial property that you’re going to sell, one of the people who may be interested is your business partner. Perhaps they want to keep the property for their own venture or to add it to their portfolio. Whatever the reason is, know that transferring...
Wind turbines: Clean energy could come at a price
Ohio has lots of wide-open spaces, so it makes sense to add wind turbines. However, these turbines can be worrisome to the individuals and businesses that are around them. It’s true that these can be extremely dangerous, especially if they are not sited correctly....
What type of documentation should landlords keep?
Realizing that you’re having issues out of a tenant in one of your rental properties can be challenging. Because of the chance that you’ll have to pursue an eviction through the court system, it’s imperative that you keep detailed records of all the interactions you...
Wind turbine concerns must be addressed
Wind turbines provide a renewable source of energy and are considered generally safe. This leads some individuals to think that wind turbine farms near residential areas aren’t an issue. Unfortunately, these people don’t realize that being safe doesn’t mean that there...
Sellers: Here’s what you should bring to your real estate closing
You finally sold your commercial property, which is exciting. You received an amazing offer, and all you need to do is complete the closing to make the property exchange hands and walk away much wealthier. As a seller, there are a few things that you should bring...
Should you negotiate a lease with a potential tenant?
As a landlord, something you prefer not to negotiate your leasing agreements. You have specific leases that you like because you find their terms most favorable to you. While you want tenants to have a good experience, you also want to protect yourself and your...