Deciding to open a business with a partner requires you to outline each person’s rights and responsibilities. The best way to do this is with a partnership agreement or contract. However, when creating the partnership agreement, it is essential that you include the...
A successful business partnership can be very beneficial to your company. You can share the workload, bounce ideas off of one another and manage the team together. That being said, it’s rare for business partnerships to last forever, and there are bound to be bumps...
Utilizing the latest technology can improve construction operations, maximize resources, and lower the stress levels of everyone involved with a project. However, it’s important to think critically before committing to using any form of new technology. If tech is...
As a contractor, the importance of establishing a professional working relationship with your clients cannot be overstated. A major part of forming a professional working relationship is drafting a contract that both parties will use as the point of reference during...
Contracts rule the business world. Without an effective contract, there would be no clarity regarding each party’s rights and responsibilities. And this would be a recipe for costly yet unnecessary disputes. But contracts are not cast in stone. Sometimes, a contract...
A partnership is usually a beneficial arrangement between two people with similar business goals. Most partnerships work well, but there are times when partners can have disputes. Being able to handle these situations appropriately can greatly benefit the business. ...
Property owners who have work they need to be done will sometimes call a construction contractor to take care of it. These individuals expect everything to be up to their expectations and standards. While most construction projects are completed without any issues,...
Those new to starting or running a business may not understand how vital it is to choose the proper legal structure. The correct choice can help you grow your operations without posing unreasonable legal and financial risks. The basic choices for a business legal...
Starting a business with a partner can be invigorating and exciting. That partner can give you the inspiration to work harder and you may be more likely to take steps that you never would’ve taken on your own. At the same time, the success of your new business is...
You started a small business a few years ago with the aim of making some money on the side. You did better than anticipated and were able to make it your full-time vocation. The business has continued to grow and you’re looking to take it to the next level. As your...