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,...
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. ...
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...
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. ...
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...
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...
When you enter into a contract with another party, you expect them to fulfill their obligations as agreed upon in the contract. Yet, sometimes, another party may indicate through words or actions that they are unwilling or unable to fulfill their obligations before...
Intellectual property can be crucial to a business’s success. Intellectual property helps a company make its brand unique and memorable. One component of intellectual property is trade secrets. Trade secrets include unique formulas, methods, designs and processes that...
The Uniform Commercial Code (UCC) plays a pivotal role in shaping business transactions, and when it comes to verbal contracts in Texas, there are specific guidelines outlined within the UCC. The UCC is a set of standardized laws that govern commercial transactions in...
Use provisions in a commercial lease can define and limit the business activities that tenants can conduct on the leased premises. Well-drafted use clauses in a commercial lease can offer landlords many benefits, including peace of mind about their property. Here are...