Business restructuring refers to the deliberate reorganization of a company's structure, operations or finances to achieve specific goals. It is like giving your business a makeover to keep up with the ever-evolving market demands. While business restructuring is...
As a business owner, you might be contemplating whether to operate as a sole proprietorship or establish a limited liability company. While both options have their merits, there are several reasons why you might prefer an LLC over a sole proprietorship: One of the...
When hiring workers for your business, you may consider creating an employment contract for them to read and sign. Employment contracts are agreements that define the relationship between workers and employers. An employment contract comes in written, inferred or oral...
Have you already chosen a name for your new business? If so, you want to ensure that it is allowed in Massachusetts. If you do not have a name picked out, the following information can help you understand what is and is not permitted. If you have never owned a...
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...
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...
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...
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...
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,...
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...
