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Taking the step to open one's own business is a major decision. Some Ohio residents may dream of starting their own company for years before moving forward with plans, and others may never feel that the time is right to follow this dream. In some cases, it may help...
When companies interact with substantial amounts of people, it is not unusual for some of those people to dislike certain companies or certain products. In some cases, the dislike may simply stem from personal preference of liking another company or product more, and...
Imagine you are shopping for a vehicle. There are many safety options to choose from. You are essentially in control over how safe you want to be.Do you want seat belts? Anti-lock brakes? Front air bags? Passenger air bags? Rear air bags? Side curtain air bags? Air...
If you are thinking about starting your own business, you are certainly concerned about having enough startup money. Even the smallest business ideas will require a couple thousand dollars at a minimum to get them off the ground. Larger ideas might require several...
Ohio, like most states, has adopted a program to assist traditionally disadvantaged businesses. This includes businesses owned by minorities, women, and economically disadvantaged individuals. This article explains the benefits of the program and how to get certified....
Most businesses start with an idea; then fear gets in the way. Can you earn enough money to replace your current income? Is the business sustainable long term? Do you have what it takes to be self employed? The reality is, you won't ever find absolute answers to these...
Personal Guarantees are a very important part of many business contracts. Its no wonder I spend a lot of time advising clients on this issue. This article will explain six basic concepts of a personal guarantee (sometimes spelled guaranty). Business Contracts In...
If you own a small business, or you are thinking about starting your own business, you have probably worried about protecting your personal assets from liability. You also probably know that forming a corporation (S-Corp or C-Corp) or a limited liability company (LLC)...
"The Internal Revenue Service has sent out letters to 20,000 small businesses since fall 2012, notifying them of 'possible income under-reporting.'"
When choosing a business entity, many small business entrepreneurs are resistant to forming a corporation due to the additional compliance requirements. An LLC is an attractive alternative; however, a corporation provides more flexible ownership and potential for...
