Kohnen & Patton sponsored and Aaron M. Monk was a speaker at The University of Cincinnati's Entrepreneurship Through Acquisition (ETA) Conference - "How to Bridge the Price Gap" Panel. (May 7th, 2026)
You wouldn't purchase a home without first having it inspected to ensure there are no issues that will result in unexpected expenses after purchase. The acquisition of a business should be no different. The article "Due Diligence Considerations for ETA Buyers", written by Kohnen and Patton Associates Missy-Dieckman Meyer and Nicholas J. Novotny, summarizes this important process.
Even with strong contracts in place, breaches can and do occur. When a party fails to uphold its obligations, small business owners must know the enforcement process and the remedies a court may provide. Understanding these options in advance allows you to act quickly and strategically, minimizing disruption to your business.
For small business owners, contracts are more than just paperwork — they’re your first line of defense. But too often, vague language or missing terms leave room for confusion, delays, and disputes. A well-drafted contract can prevent most issues before they start.