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If you’re a new business owner looking for commercial space to lease, one of the factors you may consider as you’re looking at office complexes or other developments is the anchor tenant. This is typically a well-known business, like a major department store, movie...

If you are thinking of setting up a business, there are a lot of factors that will influence its location. For starters, you do not want to set shop in an area with direct competitors. If anything, you do not wish to share the same physical address with them. That is...

It may come as a surprise, but contract law plays a vital role in daily life for everybody. Even a simple matter such as making a purchase from a shop consists of a contractual agreement.  However, business owners tend to be far more aware of the importance that...

Contracts are an important part of business transactions because they outline what each party is responsible for. They also outline the penalties that can result if the contract is breached. While some contracts in the business world are very simple, others are very...

The employee handbook represents a necessary aspect of any small- and mid-sized company. Sometimes referred to as an owner’s or policies and procedures manual, these books are geared toward protecting companies from lawsuits while also putting employees at ease in...

For the business owner planning to buy commercial real estate, whether as part of an expansion or in the initial plunge, it is wise to get the scoop on the complex and sometimes lengthy nature of the process. As it turns out, a commercial real estate purchase and sale...

One of the priorities for many new businesses is finding ways to run lean. After all, capital is probably low, and income and profits have yet to come in. However, a focus on saving money can lead to mistakes that prove costly. Look at the following errors and see if...