Many business executives agree that entering into a business partnership can make the difference between a successful company and one doomed to disagreements. A successful partnership depends upon many factors. One of the most critical factors is the quality of the...
Business & Commercial Law
What are the pros and cons of arbitration?
Generally speaking, businesses want to avoid litigation at all costs. Litigation can be very expensive, time-consuming and can potentially ruin relationships. Fortunately, you can save litigation for a last resort in most cases. A popular alternative to litigation is...
What can a buy/sell agreement help you with?
Buy/sell agreements establish a number of rules for unexpected contingencies in business. Ideally, your company sees nothing but smooth sailing, but there is no need to hope for that when you get it in writing beforehand. As Forbes points out, every business...
What are your options when your partner breaches a contract?
When you and your partner entered into business together, you may have done so because you had a strong level of trust between you. What happens, though, when your partner breaches the terms of a contract and breaks the trust that exists between you? Per the Houston...
When clients fail to pay you as an independent contractor
Many of today’s independent contractors have a hard time securing timely payments from clients. If you count yourself among them, you may have first-hand knowledge of how much of a struggle this may be. In some cases, you may have clients who fail to pay you for the...
Tips for negotiating a commercial lease renewal
Renewing a commercial lease often involves heavy negotiation because your business needs may change over time. Maybe you hope to change the layout of your existing commercial space, or perhaps you are looking to add elements that may make your team more productive and...
Exercising due diligence when purchasing a franchise
When purchasing a franchise in Arizona, a potential buyer has a right to inspect the accounting records and business practices. Whether buying a unit from an independent franchisee or directly from the franchise corporation, due diligence helps the decision-making...
Can I prove trademark infringement?
Holding a trademark is a valuable right to many businesses, and the law protects your rights to use the trademark without infringement. If infringement occurs, you have the ability to go to court to hold the person who violated your trademark accountable. The United...
How to practice due diligence when purchasing commercial property
Whether you are purchasing commercial property for the first time or you are familiar with these potentially complicated transactions, it is critical to do your homework. Commercial business contracts can be quite difficult to understand. One simple oversight or error...
Hidden costs and other commercial leasing issues to consider
Perhaps you are about to launch a new business, and you need office space. You found the perfect site, but this is your first experience with a commercial lease. What are the most common issues to look for? Multiyear terms Remember that you are in charge of a...
