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....
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...
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,...
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...
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...
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...
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...
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...
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....
First, take a deep breath. You are going to get through this. Sooner or later, all businesses face litigation of some sort, so you are in good company. The next thing you should do is contact your business law attorney. Lawsuits are on a timeline, and the clock starts...