We can all likely agree that, at this point, there are not very many things left unaffected by the ongoing health crisis. However, one of the most negatively affected populations have been business owners who were forced to shut down, resulting in significant losses...
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Guidance toward evicting a commercial tenant
Your commercial property takes money to run and is meant to be profitable. One aspect of a smooth commercial operation is lawful, cooperative, and paying tenants. If a tenant isn't paying their rent or has violated other terms of their lease agreement, consider...
Life isn’t fair, but your business should be
Business owners often face complex decisions. Each day, you might need to justify a product price increase, lay out a new marketing strategy or alter your manufacturing specifications to meet regulatory requirements. And to stay in business long-term, you want to...
Does a small business need a succession plan?
Succession plans are specific instructions for who will take over a business if you retire, leave the company or become incapacitated. Having one in place allows you to choose who you think will be the most successful candidate to take over your role. It can also...
How long do you have to return a security deposit?
Owning a commercial property is a lot of work. There are many things to keep track of, especially when it comes to your tenants. You want to do everything in your power to do right by the law and your lease agreement. When a tenant chooses not to renew their lease,...
How do businesses engage in unfair competition?
If you’ve ever found yourself in a friendly business competition, it likely happened because everyone played by the same rules. When a business breaks these common practice rules, or even federal law, a competition can become criminal activity. What is an unfair...
Can I evict a commercial tenant?
As a commercial real estate owner, your job is complicated and time consuming. It becomes even more so if you have a tenant that has not paid their rent for a couple months. Does that mean you can evict a them? Yes, but often tenants aren’t evicted immediately...
How a lawyer can help with due diligence during an acquisition
Acquiring a company is a huge decision. If you are planning on acquiring a company, you should know as much about the company you are targeting as possible. The process of reviewing a company before an acquisition is called due diligence, and it is a crucial part of...
Common compensation methods for a breach of contract
When you enter into a contract, you expect the other party to fulfill their end of the bargain. However, in the real world, this doesn’t always happen. If a person or business has breached a contract with you, you may be wondering what recourse you have. After...
Common compensation methods for a breach of contract
When you enter into a contract, you expect the other party to fulfill their end of the bargain. However, in the real world, this doesn’t always happen. If a person or business has breached a contract with you, you may be wondering what recourse you have. After...