Clients usually have very specific visions when they hire a contractor to do work on their home. It’s imperative that you fully understand those specifics and other applicable points of the project before you start on it. This can help you to avoid some issues, but it...
Year: 2021
Does your commercial lease have a rent escalation clause?
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...
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...
What can make a partnership agreement fraudulent?
When people draw up a partnership agreement, they need to provide complete and accurate information in their disclosures to the best of their ability. If one partner deliberately deceives the other(s), that can constitute fraud and make the entire agreement null and...
Your rights as a construction supplier when a client doesn’t pay
Erecting a new building or remodeling an existing one is often a complex process. The flow of funding from one party to another often depends on contracts and the completion of various stages of the work. As someone who runs a business that supplies construction...