Construction projects rely heavily on the management of materials, from initial ordering to storage and waste disposal. Any errors in this process can lead to not only delays but also significant legal problems. Material management mistakes often affect timelines,...
A business partnership agreement is a contractual agreement that people can use when starting a company together. It is a step that some partners are tempted to skip, often because they are on good terms and trust each other, so writing a contract does not seem all...
Corporate governance refers to the system of rules, policies and practices that direct and control a business. It defines the roles and responsibilities of a company’s leadership, including its board of directors, executives, shareholders and other stakeholders....
Scope creep is a common challenge that many construction managers face during the course of a project. It occurs when the project scope expands beyond the originally agreed-upon terms without adjustments to the timeline or budget. While scope creep can be both...
Commercial property leases are much different than the ones that govern residential properties. A lease for a business is usually very detailed and comprehensive. Some of the terms in these have to do with the upkeep and maintenance of the property. It’s imperative...
Scope creep is a common issue in construction projects. It refers to the gradual expansion of a project’s scope beyond the original plan, often without proper approval or adjustments to the expected budget and timeline. Imagine you are hired to build a residential...
You’re a small business owner, and your company manufactures consumer goods. You don’t make the parts and materials yourself, however. Your company is just in charge of the manufacturing side of the operation, and you have parts suppliers that deliver the materials...
Anyone who can serve a mechanic's lien in Arizona can generally also send a stop notice. While a mechanic's lien is a claim against the property, contractors, subcontractors and material suppliers can serve a stop notice against construction funds held by the property...
Starting a business with someone can be thrilling and tremendously rewarding – but what starts out as a dream can quickly turn into a nightmare. Your partnership may start out with good intentions and a shared set of goals, but things can turn south very fast. So,...
As a contractor, you've poured your heart and soul into your work. But what happens when payday comes and the check doesn't arrive? This scenario occurs more often than you might think in the construction industry. Fortunately, preliminary 20-day notices serve as a...