You’ve been invited to put in a bid for your construction company to build a new resort in Arizona. Following two years of sparse opportunities, you are excited about this project. However, after meeting with the potential client and submitting your bid, you have a...
If you lie awake at night fantasizing how making some strategic investments can bring you a steady stream of passive income, the idea of commercial real estate investment likely crossed your mind. But before you jump in feet first, take a breather. Below are four...
The Miller Act is a federal law that dates back to 1935. It requires contractors to obtain performance and payment bonds before being awarded a contract to work on a public project. The bonds ensure that subcontractors and suppliers will be paid even if the contractor...
There are usually several involved parties in a Scottsdale, Arizona, construction project. Examples include: The property owner You (the subcontractor) The contractor that engaged you And numerous materials suppliers Considered by many as minor associates of a...
You're renting a commercial property for your business, so you're not the owner. That said, you definitely were involved with designing the space and the person who owns the building isn't there very often. So who has to make repairs if something breaks or...
Stress and sedentary lifestyles can wreak havoc on people’s health, and yoga has proven itself a worthy option for helping improve physical, mental, and emotional well-being. Because of the recent boom of the yoga industry, many people are seizing the opportunity to...
Business disputes often wind up in court. Whether there's an issue with competition, a disagreement about intellectual property or a breach of contract, resolving the issue can be difficult. Each company may refuse to compromise, making litigation a necessary part of...
Contractors provide a valuable service to residents of Arizona. These individuals often work on a fee schedule that requires only a partial payment upfront. The rest of the money is given on a specific schedule with the final payment due after the project is...
Business disputes come in all shapes and sizes. One company might accuse another of unfair competition, like corporate espionage. A restaurant may have a dispute with its supplier, or a machine shop may bring a lawsuit against a former employee for a violation of a...
To rent premises for your business, you will need to sign a commercial lease agreement. As with all contracts, taking time to review it and ensure you understand every detail is crucial. If you miss something, you could find it harms the chance your business succeeds....