When first launching your company, you believed that you could take the world on your own. Although your business was successful, it soon became apparent that you would need some support. You decided to take on a team of staff and a business partner. You chose a...
Quality Should Be Your First Consideration
Houston Business & Commercial Legal Blog
2 ways you may experience supplier fraud
Suppliers play an integral role in the operations of businesses as they provide the products and services needed to run. Thus, business owners strive to have positive relationships with them for smooth operations. However, a supplier may commit some unlawful acts to...
3 issues to be aware of when looking to lease commercial property
If you have ever researched commercial lease law, you probably uncovered many sources telling you what to do when entering an agreement. Unfortunately, it is not so easy to find information about things to steer clear of in a commercial lease contract or situation....
What should go into a partnership agreement?
Making a partnership agreement is a very good idea if you’re starting a business with someone else. There’s no guarantee that things are going to go smoothly. If you decide to end the working relationship, the partnership agreement can help you understand how to do...
Understanding specific performance for settling a breach of contract
When a breach of contract occurs, the most common remedy is monetary damages. You may not realize that there could be other remedies for this situation. However, the options depend on the nature of the contract in question. In some situations, money will not provide...
When do businesses need contracts?
Contracts help businesses work successfully with different parties. These agreements have clear terms that are intended to protect both parties. A business contract should have essential clauses to achieve this goal. You need contracts in several situations. This is...
Do you need a reason to fire an employee?
As the owner of a company, you realize that you need to downsize in order for the company to remain profitable. You tell some of your employees that they’re going to be let go. They’re naturally not happy with this decision, but you feel that you have to do what’s...
Avoid being victimized by contractor fraud
Here in Houston, just miles from the Gulf of Mexico, we make a prime target for hurricanes, tropical storms and even flooding from especially heavy rains. When natural disasters occur, another unnatural disaster typically follows – storm-chasing “contractors’ looking...
Your business partner should make the company stronger
When looking for a business partner, your goal should be to find someone who makes your new company stronger than it would be without them. Ideally, your partner will be looking for the same thing in you. This means that you don’t necessarily want to find someone who...
What is specific performance in a breach of contract situation?
There are various remedies available for you when a party breaches the terms of a legally binding contract. These remedies are meant to make you whole or, in other words, restore you to the position you would have been in had the breach not occurred. Specific...
