When you’re negotiating (or signing) a commercial lease, it’s extremely important to read every single line of the contract as carefully as possible. One item to which you need to pay particular attention is the rent escalation clause (because there’s bound to be...
Month: February 2021
The insidious problem of scope creep on construction projects
Every builder has their own horror story of how scope creep annihilated their profit margin on a job. But typically, it is a lesson that is quickly learned and not repeated. "Scoop creep" is the term used for a building project that seems to morph past its original...
Should you go to court or try to settle your business dispute?
Business disputes come in all shapes and sizes. You could be the one initiating the claim or defending against someone else's spurious claims. Maybe a former employee just tried to open a competing business in clear violation of their contract with you. Perhaps a...
Avoiding disputes with your commercial landlord starts with your contract
When you rent commercially, you have a lease that details your rights and responsibilities. Your lease will also discuss what the landlord is obligated to do for you. Naturally, you want a lease that works in your favor (whenever possible) or is fair. Negotiating a...