Companies go to great lengths to protect their trade secrets, long-term plans and intellectual property. One common tactic for doing this involves putting noncompete clauses in employee contracts. Some employer agreements do not include these passages. In those...
Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
Business Law
4 things to know to avoid anti-trust law issues
Operating a successful business often involves strategic decision-making around pricing, territories and partnerships. Business owners must be careful not to cross legal boundaries into anti-competitive behavior, which can lead to significant fines and damaged...
3 restrictive covenants that can help protect employers
Every new employee that an organization hires is a potential source of liability. They might make a mistake while manufacturing goods or providing services which then leads to lawsuits against the organization. They might harass or discriminate against coworkers. They...
5 signs it is time to end a business partnership
A good business partnership can be a dream come true. When they’re successful, business partnerships combine the skills, resources and ideas of several different people in pursuit of joint goals. It’s said, however, that all good things must come to an end. Whether...
When is employee monitoring too much?
Businesses use monitoring tools to analyze employee productivity, fine-tune operations and curb internal theft. This can involve tracking activities on company-issued devices, recording audio and perusing employee emails, among other things. While these practices...
How to effectively collect debts owed by suppliers
The relationship between business owners and suppliers is always multifaceted. It is teeming with collaboration and cooperation. Together, they endeavor to propel their ventures forward. However, amid the synergy, one critical aspect demands a standardized approach:...
Key elements of enforceable contracts
In the business world, contracts are the backbone of agreements and transactions. As a small business owner, understanding the key elements of enforceable contracts is crucial for protecting your interests and ensuring smooth operations. Let us explore six essential...
Three essential liability insurance coverage for businesses
Running a business involves inherent risks. But for those who are just starting out, their focus often shifts toward immediate priorities. However, the smooth operation of a business is not all about product development or securing customers. It is also about...
How to terminate an employee
Employers do not need a reason to terminate an employee in an at-will employment state like Ohio. They can fire employees at will. However, as an employer, you should know how to appropriately terminate an employee so they cannot make unreasonable claims against you....
3 important steps for someone who wants to buy out a partner
A business partnership is much like a marriage. Two people agree to work together, often indefinitely, and to provide ongoing support for each other. Eventually, the relationship may devolve into something unhealthy, leading to declining company performance or major...