I recently got a phone call from an entrepreneur in California who had been referred to me for legal advice. She explained that she wanted to enter into a Founders Agreement with a new business partner who she believed was in a position to perform certain technological services for her new business. She wanted help […]
Case Study: Why You Should Approach Arbitration Like It’s Litigation
I recently worked with an out-of-state client who is a graphic designer. My client, we’ll call her Jane, worked as an independent contractor for a large manufacturer of gift items, such as mugs and t-shirts. This company, we’ll call them The Company, had filed an arbitration demand seeking to terminate its relationship with her. The […]
How to Win a Breach of Contract Lawsuit
When I consider all the claims our law firm is asked to handle, breach of contract is at the core of most of them. This is because at its essence, a business is a bundle of relationships. You have relationships between you and your customers, you and your vendors, and you and your employees. And […]
Secrets for Making a Successful Business
The Center for Free Enterprise welcomes you to our next event on Friday, May 17 at the Cleveland Racquet Club. Hear From Serial Entrepreneur Ray Dalton About His Secrets for Making Successful Businesses Ray Dalton specializes in creating and developing profitable and not for profit business enterprises from innovation to exit. Delivering high quality healthcare […]
The Different Types of Breach of Contract
What is the definition of breach of contract? At it’s core, breach of contract means to break the terms of a written or verbal agreement. Breach of contract sounds pretty straightforward. Either you do it or you don’t. But it’s more complicated than that as illustrated by the four different types of breach of contract. […]
Tips for Preparing Your Business for Sale
Most business owners don’t plan to sell their business. They do it because they have to. The days where you could assume the next generation would take on the business are long gone. Whether it’s a forced retirement due to health issues or a lack of capital, there comes a time when a business needs […]
A Discussion with Bill Mulligan of Primus Capital: From Venture Capital to Private Equity Investing
Event Recap: The Center For Free Enterprise hosted its latest sold out program on Friday, March 15, 2019 at The Racquet Club in Pepper Pike. With 145 registrants, this was our most popular program yet. The momentum continues to build, as over 40 of the attendees indicated that they were attending their first CFE program! […]
The Steps in Due Diligence when Buying a Manufacturing Business
One of the first questions I am asked by clients looking to buy a business is, “What do I have to do for due diligence and how much will it cost?” At least, I hope they ask. A concerning number of people looking to buy a business do not do the basics of due diligence. […]
Three Types of Buy-Sell Agreements
There are three general types of buy-sell agreements. They are often defined as: fixed price, formula price, and valuation process. Fixed price agreements are exactly as they are advertised – the price is set in the agreement, and that price stands until the agreement is updated. Fixed price agreements tend to result in a fairly […]
Happy Holidays from CLF
Words cannot begin to fully express my gratitude for the clients who have entrusted us with their legal and business matters since I launched The Calkins Law Firm on May 1, 2015, and for the many referrals and well wishes from which we have benefited. We are growing steadily, so, thank you again to all of […]
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