pocket expenses
pocket expenses

Entrepreneur: Attorney – Entrepreneur Small Business Encyclopedia

A business attorney can be a critical part of your advisory team, no matter what stage your business is in. When do you need a lawyer? Although the answer depends on your business and your particular circumstances, it’s generally worthwhile to consult one before making any decision that could have legal ramifications. These include setting up a partnership or corporation, checking for compliance with regulations, negotiating loans, obtaining trademarks or patents, preparing buy-sell agreements, assisting with tax planning, drawing up pension plans, reviewing business forms, negotiating and drawing up documents to buy or sell real estate, reviewing employee contracts, exporting or selling products in other states, and collecting bad debts. If something goes wrong, you may need an attorney to stand up for your trademark rights, go to court on an employee dispute or defend you in a product liability lawsuit. Some entrepreneurs wait until something goes wrong to consult an attorney, but in today’s litigious society, that isn’t the smartest idea.

In a crisis situation–such as a lawsuit or trademark wrangle–you may not have time to thoroughly research different legal options. More likely, you’ll end up flipping through the Yellow Pages in haste…and getting stuck with a second-rate lawyer. Better to start off on the right foot from the beginning by doing the proper research and choosing a good lawyer now. Many entrepreneurs say their relationship with a lawyer is like a marriage–it takes time to develop. That’s why it’s important to lay the groundwork for a good partnership early.

How do you find the right attorney? Ask for recommendations from business owners in your industry or from professionals you trust, such as bankers or accountants. Don’t just get names; ask them for the specific strengths and weaknesses of the attorneys they recommend. Then take the process one

Read the rest

Best Cheap Health Insurance in Ohio (2023)

The cheapest Silver health insurance policy in most of Ohio is the ConstantCare Silver 1 plan from Molina Healthcare. However, the same set of insurers isn’t available in every county, so the most affordable health coverage may differ depending on where you live.

Ohio residents can find affordable health insurance on the state exchange or through Medicaid, depending on income, although your best health plan will depend on your budget and expected costs. We recommend comparing multiple companies before purchasing a plan.

We recommend using these low-cost health insurance policies as a starting point to determine the costs and benefits you can expect from a given tier of coverage.

Health insurance plans are categorized into tiers, corresponding to the benefits and out-of-pocket expenses you can expect from a policy.

We analyzed affordable health insurance policies in Ohio across each tier and identified the lowest-cost options to help you find the best health insurance plan for a given level of coverage.

Average cost of health insurance in Ohio by metal tier

Compare Health Insurance Plans in Ohio

The cost of medical coverage is largely based on your level of coverage as well as your age, with older individuals facing significantly higher premiums.

For a Silver health care plan, a 40-year-old in Ohio will pay $112 more per month on average than a 21-year-old for the same level of coverage. A 60-year-old will pay $577 more than a 40-year-old for the same health plan.

the cheapest plans listed below aren’t available in every county, as no insurer offers plans statewide through the Ohio marketplace, but we recommend using these to determine the premiums you can expect.

Catastrophic Market HMO Young Adult Essentials – Southern Ohio $226 $9,100 $9,100
Bronze SummaCare Bronze 8000 with SCConnect Network $305 $8,000 $9,100
Silver SummaCare Silver 6000 with SCConnect Network and 3 Free PCP Visits $392 $200
Read the rest