A commercial lease is often significantly more complex than a residential lease. Before you sign and commit to the contract, look for these potential red flags. Vague responsibility explanations All leases should thoroughly explain which responsibilities belong to the...
A Winning Combination
Year: 2022
Tips for negotiating a commercial lease
Running a business is challenging and costly. One of your highest costs is the mortgage or rental payments for your buildings. Whether your company is new or well-established, you understand the importance of reducing your costs as much as possible. Therefore, these...
What to do after finding an infringement of your intellectual property
Intellectual property refers to creative assets that fall under the protection of federal laws. These laws give rights to those who produce IP but only under specific circumstances. In some cases, an intellectual property violation is a federal crime. However, whether...
Should you buy or lease your restaurant space?
Choosing the right location for your restaurant is vital to the success of your business. Whether you should buy or rent your space, however, depends on your circumstances. There are advantages to either approach. Advantages of renting The most obvious advantage of...
How delayed filing can decrease your franchise tax
Choosing when to incorporate your business might have significant tax implications. Many companies are ready to open in December but becoming effective at the end of the year is not always the wisest decision. Delayed filing is a good option for most small businesses...
What should employers know before letting someone go?
One of the most difficult things to do as an employer is to let someone go, whether they are fired due to their behavior or laid off due to economic conditions. It is important that managers take certain steps in case they have to later prove that the action toward...
What issues complicate a commercial lease?
Signing a residential lease is typically a fairly straightforward transaction. The issues to address are fairly easy to understand, and most people handling a residential rental contract feel confident and capable of handling it on their own. Unfortunately, modern...
Tips that new entrepreneurs need to consider
Deciding to start your own business can be exciting. That said, it may also come with plenty of challenges, as well. While it may not always feel like an easy path, keeping a few things in mind can help ensure that you are setting your new business up for success. Do...
Protecting trademarks online
From an ever-expanding digital marketplace to the fast-paced world of social media, today’s business owners face unique challenges when it comes to preventing trademark infringement. While companies may not be able to prevent every unauthorized use of trademarked...
Understanding agricultural real estate issues
Most people do not understand the legal issues that arise when buying and operating farmland. Challenges involving land use and zoning regulations or environmental permitting can devastate an already-slim profit margin. Whether you are a restaurant entrepreneur...