Construction contract disputes are common in the industry. If you find yourself in a dispute over a construction contract, it’s important to understand the steps you can take to resolve the issue effectively and fairly. Understand the contract terms The first step in...
A merger happens when two companies combine their assets, people and more, effectively becoming a single entity. While the process might sound straightforward, it is anything but. It involves a detailed interplay of financial assessments and negotiations between two...
With the competitive nature of the construction industry, one might think it would not be too difficult to secure a good subcontractor. However, you often must weed out a lot of not-so-good options before you find one that works. Not providing clear expectations and...
When drafting a business contract, you should include specific information to ensure clarity, protect your interests and mitigate potential disputes. Learn more about the key information to include in your business contracts. Identify the parties Include the legal...
Increasing prices across every single industry have a serious impact on construction contracts already in progress when inflation takes hold. The biggest issue is for price quotes that now are inaccurate. According to Associated General Contractors of America, if a...
Problems with subcontractors can significantly delay a construction project. When people need to hire subcontractors, they should take steps to ensure that these workers will not default on the project. Many real estate developers may think that subcontractors are...
You create contracts with suppliers and clients all the time while running your business. For this reason, you know that writing thorough contracts is necessary part of continually protecting your business' interests. If you are one of the 30.7 small businesses in...
When you hire a contractor to build your home, you expect to be impressed with the work he or she does. Unfortunately, the process may not be as smooth as you hope, and you may wind up filing a dispute over your contractor's work. It is important to file your dispute...
One challenge facing today’s small businesses is negotiating with large regional suppliers. These massive corporations may hold monopolies over specific geographic regions, limiting their customers’ access to competitive options. Sometimes, these large entities...