What do you do when your business outgrows the need for a contract? According to the contractual obligations you agreed to when you signed it, you can’t just arbitrarily decide to end the contract. At the same time, continuing the contract may be detrimental to your business. In such a… Continued
The not-so-secret “secret” to running a good business is entering into strong contracts with suppliers, employees, and even some customers. When clearly written contracts drive your business, you remove one of the potential hazards of running it and increase the likelihood of its success. Contracts, however, are only as good… Continued
As a business owner, you know that your success depends on your contractual partners’ fulfilling their obligations. Whether that means they pay you for your services or provide the resources that you need to operate your business, business contracts exist for a reason. When a supplier fails to deliver the… Continued
Imagine that one of your vendors fails to deliver a product on time and that failure interrupts your supply chain, leading to lost profits and unhappy clients. Your first impulse might be to jump to legal action, but business lawsuits should always be weighed carefully. When is litigation the right… Continued
Contracts form the backbone of your business. Depending on your company’s industry and size, you may have a handful of contracts, or you may have dozens or more. To protect your business interests, it’s essential to have a firm grasp of Texas contract law. Here’s what you need to know… Continued
Anytime you enter into a business relationship, you should make sure the parameters of that relationship are clearly outlined in a business contract. These contracts are far more than just a formality — an effective contract ensures both parties fully understand the terms of their working relationship, and it also… Continued
Negotiation skills are some of the most powerful assets an attorney can have. Knowing how to negotiate business contracts can mean the difference between your company’s achieving favorable terms or having to put up with terms that you really don’t like. There’s an art to negotiating – creating a balance… Continued
Many businesses—likely even most businesses—rely on contracts to conduct their business. Unlike personal relationships, most business relationships involve contracts. Even retail stores, which for the most part have no formal contracts with their customers, rely upon contracts with wholesalers. The corner convenience store doesn’t have contracts with the people who… Continued
When you run a business, there is likely a significant amount of information you want to keep to yourself. This may include plans for products or operations, compensation packages, client lists, operational guidelines, and more. When people work for you, it is often necessary for them to learn about much… Continued
When you find a commercial space to rent for your business, you may believe that all commercial leases are created equal and assume that the terms are fair and in line with Texas law. However, there are many different terms in a commercial lease that can be beneficial or detrimental… Continued