The Importance of Written Business Contracts

The Importance of Written Business Contracts

Daniel Ross and Associates is here to help Northeast Ohio business owners manage the legal aspects of their company. Whether you have a new or existing business, having proper contracts in place is essential. Our team is here to ensure your contracts represent your business and cover you from potential risk. Business Contract Basics Get […]

Domain Guarding: Name Selection Guide

[bctt tweet=”With more than 3 million trademarks currently registered with the USPTO, that is a large minefield to navigate; and new names are imagined and reserved daily.” username=”drosslaw”] Creating the right name for your business website is a challenge in itself. You want your name to be memorable, easily pronounced and spelled, brief and, perhaps […]

LLC and Corporate Formalities Checklist

In our last blog series, we explored the advantages and disadvantages of many common types of business formations and found a trend among them: the most popular forms offered limited liability – that is, legal and financial liability that is limited to what is invested in or integral to the operation of the business. This […]

101 Series: Entity Selection: Corporations

In our last blog entry we discussed limited liability companies, with an emphasis on the ease of use that many small businesses find appealing. Yet there are circumstances where a company may value structure and accountability over functional agility – consider a business that is eying entry into the heavily-regulated stock market, or one where […]

101 Series: Entity Selection: Limited Liability Companies

Millions of entrepreneurs choose to start their new business as a limited liability company. Without being hyperbolic, LLCs are generally the superior entity form for most for-profit small businesses in terms of flexibility and functionality. LLC laws really do cherry pick from the best of other business formations; the limited liability status of a corporation […]

101 Series: Entity Selection: Partnerships (A Cautionary Tale)

Pitfalls of Partnership Let me first say that, perhaps with the exception of limited liability partnerships, the partnership relationship is an outdated, inefficient, and extremely risky type of legal entity. So why write about it at all? Because unlike other, more beneficial legal forms, you can enter into a partnership quite unwittingly. A partnership can […]

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