Companies that enter into a contract are expected to abide by the terms. Unfortunately, there are times when one side won't do what they are supposed to do. This is considered a breach of contract, which can lead to legal action.
As a business owner, you know that it is important to keep your clients and customers happy. If your patrons are unhappy with the service or product you provide, you may lose those clients to another company.
One of the decisions that you have to make when you are starting a business is what legal structure you are going to use. There are several that you can choose from, but you shouldn't rush into choosing one. Instead, look at the circumstances of the company and make a decision based on that.
Construction project delays can be very frustrating for the contractor and the person who is having the project completed. Many of the delays that come with projects are due to factors that can't be controlled. The weather is an example of this. Supply shortages are sometimes another cause.
Filing a lawsuit against another company, a vendor or a customer is not something you relish. You know the process can consume your time and money as well as draw valuable resources from your business. However, there are times when bringing your dispute to civil court is the only way to reach a fair resolution.
One factor that people who own a business have to consider is the value of their estate when they pass away. Estate taxes can wipe out a good portion of what the heirs are supposed to get. There are options that you can use to reduce the possible estate taxes that are going to come. Here are some points to consider: