While you and your business partner may have started out with a common vision and compatible goals, over time, things can change within the business and also in the relationship between the partners. What happens when you get to the point where it seems as if all you...
Professionals operating businesses have many responsibilities. They have to oversee daily operations, interact with clients and manage their staff. Many business owners rely on contracts with other parties to ensure that they have the services, physical space and...
Trade secrets drive business success in Massachusetts. These assets, from unique recipes to special software codes, give companies their competitive edge. The state's bustling tech and biotech sectors make trade secret protection a top priority for business owners who...
No business owner wants to default on a loan, but certain circumstances can make it unavoidable. Sudden economic downturns, natural disasters and many other factors can lead to significant financial difficulties for your business. Despite your best efforts, these...
In the construction industry, using clear contract language is critical. A well-drafted contract is the backbone of any successful construction project, providing a roadmap for all parties involved to follow. However, ambiguous language can lead to complications. If...
Family-owned businesses can be successful and beneficial not only to family members but also to the local economy. These organizations can help provide jobs and opportunities for communities. Unlike other businesses, family-run companies usually face various...
As hard as it is to let go, there may come a point when you consider selling your business. Before taking that step, it's important to ponder certain factors. Here are four key considerations to bear in mind. Understand your objectives Why are you considering selling...
Scope creep is a term that’s often used in the construction industry. It refers to situations where the initial goals of a project begin to expand or change as the project goes on. In smaller projects, scope creep can result in additional tasks, pushing deadlines and...
Running a business can come with more risks as it grows, making strategizing essential to help it maintain stability. When foreseeing incidents that can disrupt the organization, its leaders should take various methods to help keep operations running smoothly, such as...
Disputes related to construction projects and alleged construction defects can do real damage to businesses and professionals. The process of navigating a construction dispute is often quite costly and can take months or possibly more than a year if the matter goes to...
