Services
BUSINESS LAW
When businesses are first starting out, it is helpful to work with an attorney to make sure that the business is properly formed and registered with the state of Ohio. Jeffcott Law LLC will help you register your business with the Ohio Secretary of State, draft a partnership or operating agreement, and obtain other necessary items such as a Federal Employer Identification Number and a Vendor’s License. Finally, if your business is leasing property, it is important for an attorney to review the lease before it is signed, especially if you plan on obtaining a liquor permit, in order to negotiate terms to best suit your business’ needs.
BUSINESS LAW PRACTICE AREAS
Business Formation
Business owners have multiple options when it comes to business formation. The choice of whether to organize your company as a partnership, corporation, limited liability company, or other entity can be intimidating. Jeffcott Law advises clients on the pros and cons of each option to alleviate any potential stress in the early stages of business formation. Once your business is registered with the Ohio Secretary of State, we also can help set up various tax accounts in order to stay compliant with federal and state tax laws.
Partnership/Operating Agreements
Depending on your choice of entity, you will need a governing agreement for your business. A partnership agreement is the document used for a partnership. Limited liability companies use operating agreements, while corporations have articles of incorporation. It is essential for your business to have one of these agreements so that your company’s activities are defined, the members and officers of the company are disclosed, and information related to company stock or membership interest is clear. If you are starting a new business, or are operating a business without one of these agreements, contact Jeffcott Law to discuss putting one together.
Non-Disclosure and Non-Compete Agreements
In the hospitality industry, non-disclosure and non-compete agreements are especially useful to protect a company’s proprietary information or trade secrets. A non-disclosure agreement creates a confidential relationship between two parties that prevents sensitive information from being released to the public. A non-compete agreement is helpful to a hospitality industry employer when it seeks to prevent employees from entering into a field that is in direct competition with the employer. Jeffcott Law assists clients in forming these types of agreements and makes sure that they are properly drafted according to applicable Ohio law.
Real Estate - Lease Negotiation
It is important to have an attorney review a lease before you sign it, especially if you plan on opening a bar or restaurant. An experienced liquor attorney knows how to address the specific provisions and contingencies that are unique when dealing with a liquor permit business lease. Negotiating option periods and rent concessions during the buildout process are two particular areas that can lead to a lot of cost savings from the outset of a new project and down the road. Jeffcott Law offers reasonable flat rates for lease review and negotiation.