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How long does a Copyright last?
The term of a copyright will depend on a few different factors. For purposes of this article I will assume the work was created after January 1, 1978. For works created by an author, the duration of the copyright lasts for his or her entire life. Additionally, protection continues for an additional 70 years after the author’s death. If the …
Franchise Agreement Review by an Ohio Attorney
Purchasing a franchise is a significant financial investment. With any significant investment, it is best to fully understand the terms, conditions, fees, and restrictions in the purchase. This evaluation includes review of the Franchise Agreement and the Franchise Disclosure Document (also known as the FDD) with an Ohio Attorney. Most Franchisors will even recommend review by a Franchise Attorney. Click …
Can I use a picture from the Internet?
It may seem harmless to use a picture from the Internet on your website, but when you copy and paste an image from one website to another you have infringed on the owner’s copyright. How will the owner ever know? While it is unlikely the owner of the image will ever visit your website, there are companies that exist for …
Should I form an Ohio LLC?
An Ohio Limited Liability Company (LLC) may be formed to sell goods or services. An LLC is a separate legal entity; this type of entity is sometimes mistakenly called a limited liability corporation. Unlike a corporation, the ownership units of an Ohio LLC are called a Membership Interests instead of shares. Each owner of the Company is known as a …
Changing the spelling of a word to distinguish it from a Trademark
The standard used by the United States Patent and Trademark office in evaluating registration is likelihood of confusion. If you are filing for a Federal Trademark and the same mark is already registered, simply changing the spelling will not automatically differentiate your business from another company. When there is an alternative spelling or intentionally-changed version of an English word, the …
Ohio Vendor’s License
An Ohio vendor’s license is required to pay sales tax on taxable transactions in the State of Ohio. There are different types of vendor licenses. The following is a summary each license: Regular vendor’s license The County Auditor issues these when vendors have a fixed place of business. When dealing with the sale of tangible personal property and certain services, …
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 …
Basic Taxation of an Ohio LLC and Corporation
An LLC can be a pass-through entity for federal income tax purposes. A pass-through entity means that taxes are only paid once at the member level. There is no federal taxation at the LLC level; thus the “pass-through” tax effect. The members report the profits and losses on their individual tax returns. When there is more than one member this …
Ohio LLC Filing – Articles of Organization
In order to form an Ohio LLC, Articles of Organization must be filed with the Ohio Secretary of State. The Secretary of State may accept the articles if there is not an existing company organized, in Ohio, with the same or similar name. There is a common misconception that filing with the State, alone, creates a company and limits personal …