Business Lawyers in Columbus, Ohio
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For many business owners, funding from outside investors can be crucial for business growth. However, it’s important to keep in mind that issuing new shares or ownership interests can impact existing shareholders’ ownership percentages. This is where anti-dilution provisions come in. Let’s take a closer look at these provisions, how they affect financing and ownership, […]
When starting out, many business owners have one company with its own assets, contracts, employees, and daily operations. While this structure is relatively simple, it may not be the best option as the company grows. Creating a holding company may provide greater flexibility when you’re managing multiple businesses, real estate, resources, investments, and long-term business […]
When you want to protect confidential business information, a confidentiality agreement—also called a non-disclosure agreement (NDA)—can be an effective legal tool. A well-written NDA can help businesses protect proprietary information, stay ahead of the competition, and set clear expectations for how sensitive information can and cannot be used. Let’s take a look at the key […]
Whether you’re involved in an acquisition, investment, partnership, or other business transaction, it’s crucial to make sure all parties understand the key components of the deal before it’s finalized. Term sheets and letters of intent are two common ways to keep everyone on the same page. While these tools are similar, they’re not identical. Let’s […]
From your product’s packaging to your retail store’s layout and more, visual identity helps consumers recognize your brand right away. This overall look and feel—called trade dress—helps set your brand apart from others. Legally protecting your trade dress can help prevent competitors from imitating your brand’s unique design and appearance. Establishing, registering, and enforcing your […]
As your business grows or changes, a new legal structure may become a better fit than its current structure. For example, you may want to change from a limited liability company (LLC) to a corporation for funding purposes, or from a corporation to an LLC for tax purposes. This is called business entity conversion. It […]
Contracts are extremely helpful to have when working with clients, vendors, contractors, and other partners, as they help keep expectations clear for everyone involved. However, even with a well-written contract in place, a breach of contract can still occur. When this happens, your next steps can influence whether the issue is quickly resolved or opens […]
When starting a company with co-founders, a founders’ equity agreement is crucial to providing a clear roadmap for navigating a growing, changing business. The agreement defines roles, responsibilities, how equity will be split, decision-making authority, and more. This helps keep all founders on the same page and encourages stability within the company. Let’s take a […]
When your company is still in the early stages, securing funding can be a big challenge. While equity financing can be helpful later on, simpler and more flexible options may be a better fit during early fundraising. Take convertible notes, for example. Convertible notes can be a great way to bridge the gap between debt […]
When your business relies on other companies to manufacture or supply goods, it’s crucial to have manufacturing and supply agreements in place. These contracts outline who owns the product designs, how products will be made, payment terms, and other production information. By writing detailed agreements, you can help ensure each party understands the rules they […]