All businesses require reliable employees to carry out daily operations. It’s not always easy to secure competent staff, but it’s certainly possible. When you’ve managed to do this, you want to think about different ways of making them feel valued and secure. You...
Contract Law
3 ways to reduce the chance of a contract dispute with suppliers
A supplier that fails you could ruin all the hard work you put in to build your business up. For example, you have a reputation for producing the best Italian-style pizza in town. If you cannot get the quality of flour, cheese, olive oil and other essential...
Money is not the only remedy for a breach of contract
While compensatory damages are the most common remedies following a breach of contract, they are not the only available options. Depending on the nature of your contract, other remedies may exist to provide you relief in case the other party breaches the contract. In...
The fundamentals of a sound employment contract
With every transaction we make, we are virtually always dealing with some form of contract. Generally, we do this without thinking, which is a sign that the contract may be working as intended. As a business owner, you rely on your employees to carry out the tasks...
How do you prove breach of contract?
When you enter a contract with another party, you expect them to execute their obligations as per the terms of your agreement. However, they may fail to do that in some cases without legal reasons, thereby breaching the contract. Given that the consequences of a...
What should you know about breaches of contract
Contracts are central to business dealings since they outline the terms of specific transactions. When both parties follow the terms of the contract, there aren’t any issues. If one party fails to follow their part of the agreement, that's considered a breach of...
Skip the boilerplate contracts: Get yours tailored to your needs
Business contracts are vital to the success of nearly all companies in Houston, Texas. Despite this, developing contracts are also one of the most overlooked parts of operating a business. Typically, entrepreneurs fail to think much about a contract until they...
Can I waive my contract’s “good faith and fair dealing” clause?
There’s an implied “good faith and fair dealing” covenant contained in every contract. It essentially amounts to an agreement that both parties make to do their best to comply with the terms of their agreement and be respectful of one another’s circumstances when...
Why you need to take care with indemnity clauses
Well-written contracts are essential for your business to succeed. They can protect you when things go wrong. Yet, any party you sign a contract with will want the agreement to protect their interests. Thus you have two sides, both hoping the arrangement will work in...
Should you make your employees sign a non-compete agreement?
Non-compete agreements vary in their specific wording and intent, but the general idea is that an employee who takes a job is told that they cannot leave to join the competition or create their own competing company. This may only be for a set time, such as two years...