As a part of your employment contracts, you make sure to have confidentiality agreements in place. You don’t want to spend all this time putting together your business plan and building up your brand just to have someone share your research and ideas with a...
Contract Law
What should you include in a contract?
Writing out a contract for a business means that you have to take the needs of the company into account, but you also have to think about the other party. These contracts can’t be one-sided, so they have to offer protection for both sides of the matter. If you’re the...
What might make an employment contract invalid?
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...
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...
