Tips for Starting a Business in Arizona
Starting a business in Arizona can be an exciting venture. Here are some tips to help you get started: Develop a Business Plan: Outline your business idea, target market, products or services, financial projections, and marketing strategies. A well-thought-out business plan will serve as a roadmap for your venture. Choose a Legal Structure: Decide on the legal structure for your business, such as a sole
What happens to your Commercial Lease in Arizona when Ownership Changes?
Change of Ownership in your Commercial Lease? Here is everything You Need to Know When the ownership of property changes in Arizona, the commercial lease associated with that property generally remains in effect. The lease is a legally binding agreement between the tenant (lessee) and the landlord (lessor), and it typically continues to be valid regardless of any changes in ownership. The New Owner Must Honor your Lease. The Arizona Revised Statutes and common lease provisions
Scottsdale’s New Short-Term Rental Ordinance
Understanding Scottsdale’s New Short-Term Rental Ordinance The short-term rental industry has grown fast, in Arizona and across the country. In 2021, the short-term vacation rental market in the U.S. was estimated at more than $30 billion, with a projected compound annual growth rate of 10.3% through 2030. It’s an industry with a fairly low barrier to entry, and has drawn everyone from established corporations to
THINGS TO LOOK OUT FOR WHEN DEALING WITH INVESTORS IN BUSINESS ENTITIES
As proprietors of private corporations, founders often accidentally create contention among current and would-be owners. The legal professionals at Anthony Law Group are familiar with the disputes that arise within partnerships, organizations or LLCs due to misunderstandings over an individual’s share in the company because of their involvement during its formation and early success. A common situation occurs when friends or family offer their services
Key Elements of a Construction Contract Agreement
Top 5 Key Elements of a Contract It’s nearing the end of a hectic workday, and you’ve been handed an intimidatingly long construction contract agreement to review and analyze before end of the workday. With next to no window for completion, efficiently determining which parts should be reviewed first is vital. But where do you start? Divide and Conquer Drafting a contract is an intricate
Price Escalation Considerations in Arizona Construction Contracts
In today’s ever-fluctuating market, the necessity of price escalation clauses is increasingly becoming important. While some material costs are rising and others are declining, traditional lump sum contract structures do not account for these cost changes. Cost-plus contracts have been created with this sort of price volatility in mind. However, many owners may prefer lump sum contracts due to their specific budgeting capabilities. It is
NAVIGATING BUSINESS PARTNERSHIP DISPUTES
Do you need help navigating a strained partnership in your business? Or are you worried that your business partner may try to remove you from the company? In this article, we will dive deep into the most frequently asked questions by business partners experiencing disputes and provide you with helpful answers. Can My Business Partner Push Me Out? In most situations, you cannot be ousted
CONSTRUCTION CONTRACT DISPUTES IN ARIZONA
When a contractor or builder fails to live up to their obligations stipulated in the contract, it could have severe ramifications for you or your business. You may not get what was agreed upon, you may end up with something different from your expectations and could even end up with defective services/products. Contract disputes can range from minor to severe, but no matter what the
Why Hire a Business Lawyer?
Hiring a business lawyer is essential to understand the variety of legal issues impacting your company and your industry. A lawyer with experience in your field of work can help prevent issues from arising and give you peace of mind knowing that someone has your best interests at heart. Here are some benefits of having an experienced business law firm on your side. Intellectual Property
Can I Sue for Breach of Contract?
You can sue somebody for not upholding their end of the bargain if you have a contract with them. However, we advise that you get professional legal counsel from an expert in contractual law before taking this route. What Is a Breach of Contract? A contract is an agreement that provides for certain legal obligations and duties that both parties are legally bound to follow.