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...
No contractor wants to get into the practice of turning down work, but if you want to avoid a big load of stress and drama, there are some clients that should be given a wide berth. Below is some information that can help you cope with difficult clients — and perhaps...
Being in the real estate development industry can be exciting and rewarding, but also challenging. To some extent, property development is about taking risks and managing those risks. It also requires strong interpersonal skills and being able to deal with...
Business owners may face a variety of challenges as they work to build and grow their success. You may be able to address some of these challenges without legal guidance. For example, you likely will not need attorney assistance when making employee schedules that...
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...
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...
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...