You had a dream home in mind so you went ahead and planned to have it built. After many months of working alongside contractors and construction workers, your home was done and livable. You thought, since it was a newly built home, there wouldn’t be any problems – but...
As a real estate investor, you are certainly going to interact with contractors. From constructing new homes and establishments to flipping houses for a living, you will inevitably engage a contractor at some point. However, working with contractors is not always a...
A silent partner is typically someone who invests in a business and shares in the revenue or profits. If a company goes public, the silent partner may own shares of stock. Silent partners typically don’t play a role in the operational or decision-making aspects of the...
Construction projects are a core aspect of your business. For these to be profitable, you need to stick to tight schedules and stay within cost margins. Doing this successfully requires careful planning, sound strategies and constant supervision. You’re bound to face...
Construction contracts come in all shapes and sizes. While some are short and precise, others may include tens of sections and provisions. Whether you are a contractor or an investor, there are certain provisions that you must include in a construction contract. Here...
You’ve been running a successful company for some time now and you have ambitions of taking it to the next level. Many successful corporations throughout history have engaged in mergers. Generally, a merger consists of one company acquiring another so that it can pool...
Working as a residential contractor or running a residential construction business means that you need to work directly with homeowners, which can be a challenge. You must find a way to work around their schedules and protect their property during your projects while...
If you have received notice that the government is seizing your property for public use, you may wonder what rights you have. While this can be a shock to some, there are a few things you can do to stop it. Even though this is the case, you are entitled to “just...
As an entrepreneur, you want to protect your ideas. You’re determining whom you need to require to sign non-disclosure agreements (NDAs) to protect these and other information. Is that necessary (or even wise) at this early stage? If you’re just starting out, it’s...
You cannot entirely rule out the risk of construction litigation. Building work involves so many factors that it is common for things not to go entirely to plan. Yet you can do several things that prevent the chance of a lawsuit happening to you. Do not be pressured...
