Lately, business owners are not strangers to big-time challenges. But whether a change is brought on by mass economic upheavals like those that result from a pandemic, or an owner has left or died, the life of your business may depend on how you respond to the change....
Many entrepreneurs can attest to the value of sweat equity. Common in new businesses or partnerships, sweat equity is a way to invest in a business or project without actual currency. Many companies begin in such a way, with many sweat investors reaping financial...
Paying rent on the space for your business is likely your most significant financial blow every month. If your business is going through some changes, or the location is simply not working out for you, you may want to consider exploring your options for moving on....
As you look to invest in commercial property for your business, you may see something called an easement in potential agreements. Or, maybe your business is near others and you’re looking for ways to share pieces of your property with one another. Now is a great time...
You may have what you believe is a foolproof contract; clear, thorough and mutually beneficial for you and the other involved parties. Then one day a dispute arises regarding poor performance or services undelivered and you find yourself in the middle of a legal...
Whether you are looking to improve or build a home, or you are hoping to add a property to a vacant lot, the quality of the contract you establish may make a big difference in the protection of your business assets. Similarly, for contractors and vendors who...
Massachusetts is among 35 states in the U.S. that have antitrust laws. These laws work to protect state residents from industry monopolies and price-gouging and cultivate a more competitive consumer environment. Today, these laws are being tested by recent trends in...
Rising tides and increased flooding threaten coastal cities like Boston now more than ever. In 2018, the up-and-coming neighborhood of Seaport flooded with ocean water. By 2030, experts speculate a 50% chance that Boston will see 5-foot flooding, with that chance...
One of the highest financial burdens to a commercial property owner is property tax. Given the complex nature of evaluating property tax assessments, some property owners might find that they’re paying higher taxes than they should for their property. Challenging a...
Some attorneys may often say you need an attorney. But a terrific way to learn a lot of truths about franchising is to find a franchise owner (franchisee) willing to talk to you about the business. They are the ones to ask if they ever think about contracts, laws or...
