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Ohio Business Formation Questions & Answers
1 Answer | Asked in Real Estate Law, Business Formation and Business Law for Ohio on
Q: How do my husband and I create a 2 person member LLC for a rental property?

We are not running it like a true business, we have no employees, just collecting rents. It appears there are different rules for a community property vs. non-community property state (Ohio). We are just wanting something simple not having to create a partnership or joint venture, is this possible?... View More

Joseph Jaap
Joseph Jaap
answered on Apr 5, 2018

An Ohio LLC can be created on-line with the Ohio Secretary of State. But you should retain a local attorney in OH to discuss setting up and operating the LLC properly and property ownership. You also should consult your tax advisor regarding the different options that can be elected for federal... View More

1 Answer | Asked in Business Formation and Business Law for Ohio on
Q: What legal steps are necessary to open an eliquid company?

Looking for any detailed information on the necessary legal documents and steps to opening an e liquid company?

Matthew Williams
Matthew Williams
answered on Jan 3, 2018

Get a lawyer to help you with this. Opening the company is fairly straightforward, but there are lots of regulations concerning the packing and sale of these products and you need to be familiar with them.

1 Answer | Asked in Business Formation and Business Law for Ohio on
Q: What forms do I need for an online business??

My boyfriend and I are trying to start an online business. Would this be considered a partnership? If so, do we need a partnership agreement? Does that agreement need to be also signed by a lawyer? (We don't have money to consult lawyers about these things). As far as when we are filing our... View More

Joseph Jaap
Joseph Jaap
answered on Sep 13, 2017

Those questions cannot be answered on-line. If you want to start your business properly, and avoid future problems, then you need both legal advice and tax advice. So you should save up enough money to obtain that professional assistance so you can start the business correctly. You and he would... View More

2 Answers | Asked in Business Formation, Contracts, Intellectual Property and Trademark for Ohio on
Q: I am entering a partnership with someone and need assistance on how to protect myself.

She is making shirts and wants my artwork on them. We are combining businesses and it'll be 50/50. It's fair but if this doesn't work out in the long run how do I protect my artwork and business name? Will we both be able to produce the shirts still afterwards? Will she end up with... View More

Joseph Jaap
Joseph Jaap
answered on Aug 22, 2017

You are prudent to seek assistance for your business relationship and protection of your artwork - before you begin. Use the Find a Lawyer tab and contact a local business attorney who can advise you and answer questions about business formation and copyright protection.

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1 Answer | Asked in Personal Injury, Products Liability, Business Formation and Business Law for Ohio on
Q: I'm creating a game that has people travel the city. If they are injured, am I liable? Do I need a waiver or insurance?

Players will not be on my business property. The game utilizes different symbols or locations in the city like a scavenger hunt.

If I would be liable for injuries, would having a mandatory waiver as a part of my website's terms and conditions (that players must agree to in order to... View More

Peter N. Munsing
Peter N. Munsing
answered on May 3, 2017

As you describe it, if you make part of the rules they comply with all laws etc you shouldn't be liable. If it's a drinking game, that might be different.

2 Answers | Asked in Business Formation and Business Law for Ohio on
Q: Is an operating agreement same as lease agreement between a holding & operating LLC?
Glenn B. Manishin
Glenn B. Manishin
answered on Mar 22, 2017

No, an operating agreement governs how an LLC enitity is run among its members (essential shareholders), including division and distribution of profits, not an agreement between two or more LLCs or other legal corporate entities.

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1 Answer | Asked in Real Estate Law and Business Formation for Ohio on
Q: I am working with multiple partners to put together a LLC to purchase a commercial property. Can I take a fee.

I am getting a few partners to pool $100,000 as a downpayment on a commercial property that is $600,000. Obviously we are getting a loan for the rest. Can I take a fee from the downpayment proceeds for putting the contract together. A percentage, like 5% to 10% of the downpayment, I was hoping. I... View More

Matthew Williams
Matthew Williams
answered on Mar 6, 2017

You should discuss your business plan privately with an attorney. It sounds like you may be involving yourself in transactions which require a license that you do not have.

1 Answer | Asked in Business Formation for Ohio on
Q: Various Questions about filing as an LLC in Ohio

We are looking to file as an LLC in the State of Ohio. We have a few questions in particular about taxes and finances. We've been in business for around a year now, as a sole proprietorship. We've recently become pretty successful, we are on track to make much more than expected.... View More

Adam Studnicki
Adam Studnicki
answered on Aug 11, 2015

Sounds like you'd benefit from building a relationship with a good CPA. In addition, you'd likely benefit from talking to a business lawyer. If you're running a serious business, you want to make sure you're protecting yourself, including using agreements tailored to your... View More

2 Answers | Asked in Business Formation for Ohio on
Q: How do I make separate websites making online income part of one LLC in Ohio?

I'm not sure how to make sure my websites are "part of" of LLC business in Ohio. I recently established an LLC for my online media and website incomes. Each time I create a new income earning website, what steps do I need to take to make sure that website is part of the LLC, or... View More

Matthew Williams
Matthew Williams
answered on Mar 12, 2015

You really just need to make sure the LLC is responsible for the websites. An LLC can be set up to engage in a specific industry or can even be very broadly defined to "conduct all lawful business." Found an LLC and define it as a company engaged in ecommerce and then use the LLC to set... View More

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