Legal bills too high? How to reduce sticker shock
Many people who hire hourly-fee lawyers don’t realize that they can reduce their future legal bills by, effectively, becoming part of their own legal team. Semanoff Ormsby Greenberg & Torchia, LLC’s William J. Maffucci explains.
A look at how to preserve insurance assets in a corporate transaction
Liability insurance is an important component of risk management for most businesses, but insurance policies are often overlooked in the sale of a business. Brouse McDowell’s Keven Drummond Eiber explains the importance of preserving valuable insurance assets.
Monetizing managed care in Ohio workers’ compensation
Service is an obvious factor when considering a managed care organization, but the financial impact of the MCO should drive the decision. Quinn Guist, president of CompManagement Health Systems, explains.
Why introspection is often a crucial piece in solving a real estate need
Cushman & Wakefield/CRESCO Real Estate’s Joseph V. Barna outlines the keys to making a more effective real estate decision when the time comes to consider whether your current space can or can’t meet your company’s needs.
Want a world-class board of advisers? Be careful what you wish for, unless …
For privately held enterprises, there are more flexible advisory boards that are not governed by regulations and are assembled to assist management in navigating the road to success.
Be open to advice: Pride cometh before the fall
We should all think about the impact mentors have had on our lives and ask what we can do to provide the same support to the next generation of leaders.
Rockefeller bought out the competition, and not surprisingly, oil spilled all over
One of the shrewdest steps John D. Rockefeller conducted, historians say, was the Cleveland Massacre of 1872. In less than six weeks’ time, he acquired 22 of his 26 Cleveland oil refinery competitors. The business move worked for Rockefeller, the subject of this month’s Uniquely Cleveland, and gave his Standard Oil Co. a corner on the market. By 1878 Standard Oil was refining 90 percent of the oil in the U.S.
Standard Oil grew to be a behemoth and by 1911 was broken into 34 companies when the U.S. Supreme Court found it violated the Sherman Antitrust Act.
But what wasn’t so shrewd in today’s terms was this: of all that oil, not a drop was for company culture.
Take note, candidates: Foreign-born U.S. citizens a voting bloc to be reckoned with
Registered foreign-born Americans are more than 10 percent of the electorate. Perception of persecution in the U.S. has direct effect on the ballot box.
How one business boomed by investing — even splurging — on employees
Nearly a decade later, these investments have paid off. In the last few years alone, revenues have grown 170 percent, and our staff has tripled. We’ve won awards for our growth, including the Weatherhead 100 Upstart Award for three consecutive years.
A united voice for business rises through shifts in focus areas
The entrepreneurial thinking that our community’s incubators, accelerators and owner-education efforts are inspiring is equally valued in the innovation work that our large companies must do.