Minore Law Legal Blog
Can your business request a mechanic’s lien for unpaid invoices?
Running a construction-related business requires a lot of planning and investment. Although you can make good money, you often have to provide supplies or labor before you receive payment in full. Unfortunately, both individual property owners and even businesses that...
Building good landlord-tenant relationships
There are all kinds of tricky tenants in Arizona who cause headaches or even nightmares for even the most seasoned landlords. Some love eardrum-rattling music or parties, have pets that will chew or destroy anything they can get their teeth around or abuse property....
Tips for creating and reading Arizona business contracts
As business owners in Scottsdale, Arizona, know, your success can revolve around the strength of your business contracts. For example, an unclear agreement with few specified terms will not protect you from litigation if a dispute arises. Unfortunately, entrepreneurs...
Why do construction projects miss deadlines?
As a contractor, you know that you may miss a deadline for a reason that is entirely out of your control. In a perfect world, everything would come together smoothly, but it simply does not happen in all cases. This can be a big problem when working with suppliers,...
What should you know about earnouts?
Sometimes, it’s hard for businesses to reach a deal on an acquisition or merger. This is sometimes because of a difference in the valuation of the businesses. One option that some businesses use to address this issue is to set up an earnout as part of the deal. It’s...
Are you setting your business partnership up to fail?
If someone told you that your new business partnership is doomed to failure, you are unlikely to be happy. Yet, statistics show it is the truth. Various studies have been done to assess the percentage of business partnerships that fail, and the consensus seems to be...
Reasons you can legally terminate a business contract
Sometimes parties get into a contract, only to find out at some point that things are not working out as they expected. You may be able to terminate the contractual agreement in that situation under certain circumstances, but you must first determine if you meet the...
Why you need to include an “out” in your business contracts
When you create a new business contract with someone, you need to remember that times are uncertain and things can change. With that in mind, it’s always wise to stipulate an end date on all of your agreements -- along with information on when (and how) a contract...
When your clients don’t pay up, what can you do?
There are always a few clients who ignore your invoices and let the 30-day mark pass without a word. Obviously, you don’t want to constantly chase the money you are owed, but you can’t afford to ignore the situation, either. So what do you do? You may eventually find...
Can you break a commercial lease if your revenue is lower than expected?
As a business owner, you thought that the commercial space you found was ideal. It has turned out, however, that it’s far less attractive than you expected. The foot traffic is lower than you anticipated, and your earnings are much lower than you had dreamed possible....