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What do you need to know about the Ohio plan?
The Ohio Plan provides affordable and comprehensive property and liability insurance coverages that are specifically created for public entities in the State of Ohio and are uniquely tailored to the individual Plan Member. This ensures Members are protected from exposure to both unexpected and adverse situations.
What do you mean by business opportunity plan?
Generally, a business opportunity plan is an agreement in which a buyer pays a seller for the right to offer, sell, or distribute goods or services. What is a business opportunity plan?
What's the first step in starting a business in Ohio?
After deciding on the business entity, the next step in starting a business in Ohio is to register the business name.
What are the requirements for a business opportunity in Ohio?
Ohio’s Business Opportunity Purchasers Protection Act (starting at ORC 1334.01) defines a business opportunity. For a plan to be a business opportunity, the buyer must be required to make an initial payment greater than $500 but less than $50,000.
Last Update: Oct 2021
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