If you go into business with one or more business partners, you have to remember their support comes at a cost – namely that of your freedom. You are now answerable to the others and cannot make decisions on a whim, so easily. It’s very unlikely you will agree on...
If you’re starting a new business, you may be considering different ways you can create stability for your workforce and protect your intellectual property. Naturally, this could lead you to the idea of noncompete agreements, which keep workers from leaving their jobs...
Non-competes are used to protect businesses from competition. A non-compete agreement generally prevents an employee from leaving a business and going to a competitor or starting a competing business for a specific amount of time. This, in theory, helps to ensure...
Legal disputes with your clients can be costly, even if you’re ultimately vindicated. Litigation can also tarnish your reputation, no matter what the outcome. Every contractor wants to avoid losing time and resources that could be better spent on improving...
Construction company owners often find themselves involved in disputes over alleged defects. The client wants something to be changed or fixed, and they don’t believe they got what they paid for. Maybe they think that the contractor was negligent or made clear...
Arizona’s Employment Protection Act of 1996 made this an “at-will'' employment state, but it’s a mistake to believe that means an employee can be terminated for any reason, at any time. An employee can only be terminated for a lawful reason. What does that mean? It...
Many businesses improve when an owner seeks out a business partner. A partner can bring in knowledge and experience to raise productivity, interest and sales in a business. However, that doesn't happen for everyone. Choosing the right business partner is important...
During a real estate purchase, most buyers will send in their proposals or offers with contingency clauses. They don’t want to sign any sort of purchase contract without these protections in place. A common example of this is a property inspection contingency. The...
Starting a business can be a notable endeavor that requires careful consideration and planning. A well-crafted business plan serves as a roadmap for your business, highlighting your growth goals and financial projections. Your business plan should not only help you...
Different parties are involved in a construction project. These include the contractor, subcontractor, suppliers and so on. And these parties should be paid. If anyone is not paid for their service, they can foreclose the property to receive compensation. This is...