There are advantages to using independent contractors rather than employees. With those advantages comes the risk of the Bureau of Workers’ Compensation (“BWC”) reclassifying an individual as an employee. If an injured worker is determined to be an employee, the business owner becomes responsible for providing workers’ compensation coverage.[1] Failure to provide workers’ compensation coverage for the employee will result …
Who is Liable for Infringing Media on My Website: Me or My Web Designer?
Both of you can be held liable. As the end user that financially benefits from your website and because you have the ability to direct and supervise your web designer, you are liable for any copyright infringement committed by your web designer. This is true whether or not you or your web designer actually knew that he or she infringed …
Does My Business Need a Work for Hire Agreement?
The answer to this question is “Yes” if you want to own the work an independent contractor just created for your business without having to obtain the contractor’s permission and pay him or her royalties. Typically, any work created by an independent contractor is owned by the contractor unless a work for hire agreement is signed. What is a Work …
What types of contracts does an Ohio business need?
Well-drafted contracts protect your company in case of a dispute. Poorly drafted contract templates from the internet (or no contract at all) can seriously compromise the company’s interests. A business may need customized contracts which include: employment contracts, lease agreements, independent contractor agreements, consulting agreements, confidentiality agreements and covenants not to compete. Business owners should consult with an attorney to …
What is a Stock Vesting Schedule?
A vesting schedule dictates when a founder (or employee) has full ownership rights in the company. This schedule is typically based on duration with the company. For example, if we use a four year vesting schedule with a one year vesting cliff; if a founder leaves within the first year they receive no shares. After the first year, the shares …
Create Customized Contract Templates For Your Business
Why does a business need to customized its contracts? Since each type of business is unique, the specific needs of every company cannot be addressed in one standard form. Using online forms or document companies such as Legalzoom results in a form that may not protect the interest of your company or conform with Ohio law. Why do I need …
Do you own the work your employee and contractor create for you?
Business owners may use employees or independent contractors to produce websites, software, logos, articles, or other unique creative works for use by the company. It may surprise you to know that, without a Work for Hire Agreement, your company does not own the work created by an independent contractor. Who owns work created by an Independent Contractor? By default, independent …