The power of eminent domain is a contentious and complex topic, especially for business owners in Arizona. Eminent domain is the power of the government to take private property for public use in exchange for just compensation. This power can affect businesses in...
Renting out commercial property is a good source of income for someone who has a suitable property. One of the most important things to do is to ensure that you properly vet the company that wants to move in. There are several things you should consider if you’re...
Small businesses are vital to the economy, providing employment opportunities and essential goods and services to local communities. However, running a small business is not without its challenges. One of the biggest challenges that small business owners face is...
It is certainly frustrating for a business owner if employees quit without giving any warning. If you find yourself in this position, you might suddenly be scrambling to replace that employee. It’s very natural for company owners to ask employees to give a notice of...
If you’re looking for a business partner or found someone who you think is the perfect fit for your establishment, but something’s bugging you about their character, then it may be time to take a step back. It’s often important to understand when a business partner...
When two people decide to start a business together, officially becoming business partners, they may be tempted to simply shake hands and move forward. They both trust one another. They believe that they both have the business's best interests at heart. They don’t...
A commercial lease is a binding contract between the property owner (landlord) and the commercial tenant. This contract outlines the lease contract’s terms and conditions as well as each party’s rights and obligations. A commercial lease contract protects tenants from...
Deciding to open a business with a partner requires you to outline each person’s rights and responsibilities. The best way to do this is with a partnership agreement or contract. However, when creating the partnership agreement, it is essential that you include the...
A successful business partnership can be very beneficial to your company. You can share the workload, bounce ideas off of one another and manage the team together. That being said, it’s rare for business partnerships to last forever, and there are bound to be bumps...
Utilizing the latest technology can improve construction operations, maximize resources, and lower the stress levels of everyone involved with a project. However, it’s important to think critically before committing to using any form of new technology. If tech is...