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Business Contracts and Leases Archives

Pay attention to the fees section of your business lease

Before you finalize any of your business contracts and leases, it is vital to make certain that you understand every word and every term appearing in the document. Failure to understand what you are signing off on can sometimes be detrimental to your operating expenses.

Why a comprehensive partnership agreement is essential

If you're going into business with a friend or someone you've known for a long time -- maybe from your college or military days -- you may not be very concerned about your partnership agreement. You both have the same goals for the business, so you assume that you'll work things out as issues come up.

Pay attention to parking provisions before you sign that lease

When business owners are reviewing or negotiating the terms of a lease with a property owner, they don't always give sufficient attention to parking provisions. However, parking can make the difference between customers choosing your business or going somewhere else.

Which type of office space is best for your business?

If you're starting a small business where you and your employees will primarily be working at your desks, one of the first things you need to do is find office space. You may also be in the market for new office space if you want or need to relocate from your current offices or if you need a satellite location for some of your employees to work.

Tips for preparing employees for a merger

A merger of companies does not have to be overwhelming for your employees, especially if you know the proper way to handle such a situation. Mergers often come with a reduction in staff, especially if the two companies have similar departments. Let's explore some tips for preparing your employees for a merger.

Unenforceable contracts can cost companies big in lawsuits

It is risky business acquiring property or leasing it for commercial purposes. Many industries lend themselves to a lot of turnover, and assets can turn into liabilities without proper planning. Even the best planning can fall in the wrong environment or time for a business idea.

What to do when you must break a commercial lease

Commercial leases protect both the property owner and the business owner. But there are times when it may be necessary to break your commercial lease. Below are some tips for getting out of a commercial lease with the least amount of financial liability.

How can I find a short-term lease for my Cincinnati business?

Business owners often think that they have a good idea and an airtight business plan when they start making plans to set up shop. Things may not always unfold as planned though. The idea of being in a long-term lease for an office during these early stages can seem daunting. It may be best for them to try and find a short-term lease to get into. Finding one can be hard though.

What are some key details to include in a consulting agreement?

In recent years, many entrepreneurs have chosen to offer their talents to others on a freelance basis as opposed to holding a traditional role with just one company. Consultants who do this should remember that by taking on work on a project basis, they're not anyone's employee. Protections extended to a company's workers don't cover them. This is why it's important that they have a consulting agreement in place with each client.

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