One of the first decisions a new business owner has to make is determining the company's business structure. For some small business owners, a sole proprietorship seems to be the best option, but this might not be the case. Many don’t realize they can have...
In business, partnerships play a pivotal role in driving success. But what happens when a key moment arises, such as one partner wanting to exit the business if the other wishes to continue the journey? Successful partnerships are built on trust, shared goals and...
A mechanic’s lien is a payment claim that construction contractors can place on a property to help ensure they get paid for their work. It’s a crucial component of the construction industry that can protect the rights and interests of those involved in building...
In the business landscape, disputes are an unfortunate but inevitable aspect of the game. When conflicts arise, it's crucial to have effective mechanisms in place for resolution. These are legal remedies not based on monetary compensation but aim to provide fair and...
When starting a new business, numerous considerations must be approached thoughtfully. Otherwise, a promising enterprise could fail before it even gets off the ground. One of the first legal matters that an aspiring business owner needs to consider is how to...
Contractual agreements are common among businesses and other parties. By ensuring that contracting parties are aware of their legal obligations, well-written contracts can be advantageous to all parties. Unfortunately, contract violations do happen and can be...
You may have recently decided that you can improve your business by working alongside a business partner. A business partner would be able to collaborate on all of the inner workings of your business and handle many important matters in your place. You don’t want to...
In the construction industry, disputes will often happen due to perceived defects. The client will be unhappy because the construction has not been done up to their standards. These defects may mean that the building is unusable, unsafe, or simply not what the client...
When two or more entrepreneurs form a business partnership, the primary goal is usually to bring their resources together so they can expand their reach and grow their bottom line. Sometimes, however, things just don’t go as planned. It is not uncommon for a partner...
It is rare today to find someone in the construction field who has never faced any legal issues. It can seem like someone is always waiting in the wings to single out contractors for some perceived wrong. You should have measures in place to help shield you from legal...