Contracts are fluid things that often change even after you reach an agreement with another party. Whether you provide customer services to business clients or have a supply relationship with a company that sources unique materials you need to make a product, your...
What are deceptive trade practices?
As a business owner, you may face allegations of deceptive trade practices from a customer who is displeased with your company. Now, these allegations may be completely false, but you still need to know what a deceptive trade practice is and what is not allowed by law...
What should you include in a contract?
Business arrangements often hinge on the contracts that outline the terms of the agreement. These written documents must contain specific information so that everyone knows what their duties are and what to expect from the deal. Most people know to include the...
What are frequently asked questions about mechanic’s liens?
Texas laws protect contract workers, subcontractors and other parties in the construction industry. As someone in the industry, you know that working with such big amounts of money can cause serious trouble when there are problems with payment. A mechanic's lien is...
How risky is selling a small business through financing?
When you want to sell your small business, you might consider using seller financing to possibly increase the number of potential buyers. Fit Small Business notes that there are several advantages to offering financing for some or all of the cost of the business if...
How can you remedy a breached contract?
Texas business or property owners like you make a lot of contracts in your time. Unfortunately, this means you may run across breached contracts. This can damage you on a personal and financial level. It can also put your projects and endeavors at risk. So how do you...
Is a nondisclosure agreement valid?
Many business situations require companies to disclose sensitive information either to their own employees or to outside parties. These situations may include negotiations with a potential buyer of the business or working with a vendor or agency that will provide...
What differentiates mediation from arbitration?
Texas business owners like you have a lot to balance. Unfortunately, sometimes arguments between business partners are inevitable. This adds to your workload. It can create unnecessary stress, too. But if you get into a dispute, you need to consider your options...
How do arbitration and mediation differ?
Texan entrepreneurs and business owners like you have made use of contracts before. Most of the time, these contracts go without a hitch. But in some cases, contracts go south. If you end up in a contract dispute, what can you do? There are many different ways to...
How to prepare for commercial litigation
Facing a court battle is not fun for anyone, and when it is about commercial disputes, there can be a lot at stake. Litigation is usually expensive, and it can take a lot of time that the owners should be using to focus on the business. Not only can litigation affect...