You likely wear many hats throughout your day if you're a business owner. Human resources, operations, purchasing, finance - you handle all of it. While running your own business is exhilarating, it's also overwhelming. Now may be the time to ask yourself, "Is it time...
Business Law
Biggest mistakes to avoid when handling contract disputes
Even with countless mitigation tactics in place, your business cannot be invulnerable to contract disputes. That said, the more pressing concern is knowing how to handle this kind of problem effectively. First, you must know what mistakes to avoid when facing a...
3 questions to ask when starting a new business
People have a variety of reasons for starting a business. Maybe you have an excellent business idea and you’re excited to see how it pans out. Maybe you’re tired of working at someone else’s company and you want to start one that you own. Regardless of specific...
Why do commercial leasers need to understand zoning laws?
As a business owner looking for premises to lease, you need to be aware of many issues. One of those is the zoning restrictions relevant to the particular area. There is no point in finding a space to rent that you can imagine as just right for your business if you...
6 common causes of partnership disputes
A good business partnership can be a dream come true and a massive boost to your ability to achieve your dreams. But not all partnerships stand the test of time. All it takes is one long-simmering resentment to rise to the surface for a full-blown battle to start,...
What should be in a commercial lease?
Many business owners do not own the buildings they occupy. Instead, businesses will often lease a building with the building owner. For business owners, it can be cost-effective to rent a building for their business and focus their finances on improving the company. ...
Do you have to use employment contracts?
You recently started your own business, and now it’s time to hire your initial employees. What you’re wondering is if you have to draft employment contracts. These could tell the employees what’s expected in the role, how many hours they’ll have to work, what their...
4 contract clauses subcontractors should never ignore
Subcontractors play a crucial role in the construction industry, ensuring that specialized tasks are completed efficiently and to a high standard. However, construction projects often have complex contracts that can lead to disputes if not carefully reviewed. ...
Why you shouldn’t ignore contract recitals (and what are they?)
Given how dense they tend to be, contracts can sometimes seem to be filled with extraneous language. However, language is – or, at least it should be – there for a reason. Without it, a contract could have a lot of holes in it -- or even be rendered invalid. That’s...
Why do some business partners fall out?
A business partnership can be fruitful for all parties. Partners can divide responsibilities and share liabilities and financial obligations. Nonetheless, there are occasions where business partnerships don’t work out as intended. A dispute between business partners...