Non-Compete Clauses: How to Protect Against Competition
The best practice for non-compete clauses is to speak with an employment law attorney that knows your business and can effectively create restrictive covenants. Doing so will save your business both time and money while legally giving you the maximum protection allowed under the law.
Employment Law: Classifying Employees
Running a business is no simple endeavor, and the challenges that are a part of navigating employment law, especially, seem to be endless. This blog series covers the most integral points of employment law that every business owner should be aware of. In this blog, we’ll address common misconceptions about classifying employees as well as how to do it correctly.
CYA for Material Suppliers, Part 4
“That material was not delivered here” is the most common defense to a Material Supplier lien. What process can you have in place to have the best defense possible if this happens to you?
CYA for Material Suppliers Part 3
In this blog, we discuss how you can use that information to create a consistent collection strategy. Don’t work for free. Collecting what is yours is crucial to the livelihood of your business.
CYA for Material Suppliers Part 2
As a Material Supplier in the construction industry, you have such great leverage to secure any amount you are owed with a lien. But what is a lien? A lien gives you a claim to ownership in the property where your materials were used, to the extent of the value of the materials you supplied.
CYA for Building Materials Suppliers Part 1
Material Suppliers take an enormous amount of risk when supplying material on credit in the construction industry. This blog series is all about how to reduce that risk.
Robbing Peter to Pay Paul: What Subcontractors Need to Know
Trust funds help you get paid, but as you’ll see, they also set rules that you must follow. In either case, it pays to understand how they work and how you can use them to your advantage.
Subcontractors: Prepare Bids This Way to Protect Your Bottom Line
Have you ever had the unpleasant—and costly—surprise of a general contractor putting additional job requirements into your scope of work? Fortunately, there’s a way to protect yourself: by preparing an itemized bid that lists exactly what you agree to do for the reflected price. Itemizing your bid and then thoroughly reviewing the subcontract before signing is the best way to be clear about your expectations and to prevent financial ruin from an unexpected work requirement. So—prepare your bids this way and protect your bottom line as a subcontractor.
Protect Your Business: Breaking Down the Subcontract
Attorneys write subcontracts for the General Contractor, NOT the Subcontractor. There are so many legal terms that are not easily understood. Subcontractors and materials suppliers must be aware of this and seek legal counsel before entering a contract and agreeing to unfair terms. This blog will discuss essential topics every subcontractor needs to understand.
Protect Your Future: Subcontract Documents
Remember: Whatever you sign in a subcontract will be used against you. This blog covers three critical topics every subcontractor needs to understand before signing the next subcontract: subcontract documents, personal guarantees, and retainage.