Contractors know how important it is to have a good construction contract. This document lays out the project's terms and conditions and helps protect both the homeowner and the contractor. What should you include in your agreements? The key components of a contract...
Business Law
Case shows you do not have to accept an unfair legal decision
Sometimes it pays to be persistent. That is exactly what happened in a recent construction dispute case Attorney Scott S. Sinrich won for a local construction company. In 2004, a home-owning couple filed litigation for unfair trade practices and breach of contract...
Your business structure can evolve with your company
It is hard to know what the future of your business will bring in the early planning stages. Even if you have experience in a specific industry or with running other businesses previously, what happens with a specific concept in a particular market can be hard to...
Making the right choice with your new business partner
Whether you are starting something new or expanding your current business, it is likely that you are going to need some assistance in implementing your ideas. Enlisting a business partner can be a great way to go about this. Sharing the workload and responsibilities...
Protect your profit margin from scope creep
Sooner or later, every contractor or project manager on a construction site will have to deal with an insidious problem that can erode your bottom line and increase costs exponentially. Collectively known as scope creep, this is an umbrella term for all the changes,...
Why construction timelines often lead to contract disputes
Creating an estimated timeline for a construction project is a difficult task. Anything from disruptions in the supply chain to unseasonable weather could mean extra days or weeks before the completion of a project. Few things cause as much tension between contractors...
Starting a new business? Ask these questions.
Has it always been your dream to be a business owner? Have you spent years or decades working for yourself and only dreaming about starting your own company? If it’s finally time for you to start, you need to ask yourself some important questions first. Start here: Is...
Tips to reduce the risk of a construction defect claim
If you have been in the construction industry for a while, you will know that not every building turns out precisely as planned. While some variations are minor and could even add character, those paying for the work may view some as defects. If they are upset enough,...
Construction contracts provide valuable information
Individuals who hire a contractor want to ensure that the project they’re paying for is done properly. The contractor wants to ensure that they’re being compensated appropriately. A construction contract can help keep both sides of the matter protected. While these...
Business location still matters. Here’s why.
When starting a business in the modern era, some people say that the idea that location matters is outdated. They point out that many consumers find businesses online, so they don’t need to stumble upon them in real life, and that many online sales just involve...
