People who run businesses are often skilled negotiators -- but they can still find themselves in scenarios where they can't resolve their own issues. Maybe you have run into a conflict with a supplier or a company that is supposed to remodel your offices. Neither of...
Business Litigation
4 essential steps to deal with business litigation
Business litigation is an ever-present risk if you own a business. One study found that between a third and a half of all companies face lawsuits in any given year. What should you do if threatened with business litigation? If someone threatens you with litigation, it...
Convenience store owners can face litigation from many sources
Business models often speak in linear terms. They talk of customer funnels and supply chains. Both suggest an organized flow. The reality of running a small store can feel more like being a small boat in the middle of an ocean. You can be pushed and pulled in all...
So you want to escape your contract?
When you sign a contract, you agree to the terms within it. Depending upon how well you drafted your agreement, getting out of it could be difficult. If you fail to continue to meet the conditions it imposes, the other party could take you to court for a breach of...
A family business could lead to a family dispute
In the 1980s, the TV series Dallas highlighted the potential difficulties of mixing business and blood. Thirty years later, shoulder-padded suits have gone out of fashion, and the oil industry is in decline. However, some things have not changed. Being part of a...
Check your contract before you sign up for a franchise
Before you opened your convenience store, you may have dreamed about being your own boss. If you signed up to a franchise, it could leave you wondering who is really in charge. Becoming a franchisee can bring significant advantages. You can benefit from the parent...
Understanding types of commercial leases
Property owners, managing landlords or agencies and tenants of commercial properties must enter into leases when working together. These legally binding contracts come in many different varieties, each with unique features and terms. In general, a commercial lease...
What is the process for business litigation?
If you need to file a lawsuit for your business, then you most likely want to know how long the process will take. The best way to understand this is to look at the timeline and the different actions you must go through in a lawsuit from start to finish. According to...
Terminating a construction contract
There are many different facets of construction contracts that require careful review, regardless of the scope of a project or the amount of time it will take to finish a job. However, contractors and construction company owners need to carefully go over the process...
How do gross and net commercial leases differ?
Whether you own a piece of commercial real estate or you own a business looking to lease commercial property, it will be important for you to know that there are multiple types of commercial leases. Each type of lease offers different features to evaluate so you...
