Business Planning

19 Jan Business Planning for the New Year

Business Planning for the New Year Family-owned and closely-held business often face the temptation to operate their businesses in an informal manner by not putting contracts or key business decisions in writing, holding shareholder meetings, nor keeping detailed records. This means that those businesses may not...

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UCC Article 2 Good Warranties

22 Dec UCC Article 2 Warranties

Giving the Gift of Good Warranties With the holiday season in full force, many consumers are out purchasing gifts for friends and loved ones. Most consumers will solely focus on price or quality of product when searching for that perfect gift. However, consumers should also take...

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Contract Law

16 Jul The Basics of Contract Law

The Basics of Contract Law Contracts seem to be one of those basic legal concepts that can be so utterly confusing, so it is simply ignored. Most everyone now just accepts the “Terms of Acceptance” that our new app has and we barely read any legal...

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Business Law in Columbus Ohio - MacLaren Law. LLC, Corporation, Sole Proprietorship

14 Jul Business Law Frequently Asked Questions

Frequently Asked Questions about Business Planning and Business Law 1. What is a Limited Liability Company (LLC) A Limited Liability Company is a type of business organization that combines the pass-through taxation of a sole proprietorship with the limited liability of a corporation. An LLC is taxed...

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14 Jul Business Probate Nightmares

Business Probate Nightmares For many business owners, the future planning of their business falls into budgeting, inventory orders, and new product development. However, business owners need to include estate planning in their future planning of their business. Failing to properly plan for your business after your...

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19 Aug Limited Liability Company Protections

One of the major benefits associated with organizing your business as a limited liability company (LLC) is the ability to shield your personal assets from business liabilities.  However, this protection is not guaranteed.  LLCs will receive treatment similar to corporations, both in terms of the...

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