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Category Archives: Business Contracts

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Understanding Breach Of Contract

By Godfrey Legal |

You may find it strange to have to sign contracts for various reasons, but as you begin your business, you’ll start to see why. Business contracts are needed for legal reasons. Without a contract in place, one party could renege on their obligations and this could be costly. But even when there is a… Read More »

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What To Do When There Is A Breach of Contract

By Godfrey Legal |

Running a business is not all fun and games. There are a lot of elements involved and one thing you need to be concerned about is your contracts. Contracts are legally binding but there will likely be instances where you or another party cannot fulfill your obligations. Maybe there are financial or weather-related issues… Read More »

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Getting Out Of A Real Estate Contract

By Godfrey Legal |

Buying or selling a home is a huge decision. There is a lot of money and many elements involved, plus the process can be extensive and complicated. Because of this, many buyers hire a real estate agent. This involves signing a contract, which may not seem like a big deal at first. But if… Read More »

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How To Prevent Contractor Fraud

By Godfrey Legal |

Fraud has become rampant in recent years, especially since the COVID pandemic. People are looking for ways to make money, even resorting to illegal means to do so. Many homeowners are losing money through contractor fraud. This is when contractors get money upfront for a project and never complete the work. A lot of… Read More »

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How To Review A Business Contract

By Godfrey Legal |

As a business owner, you have a lot to do. When it comes to business contracts, you probably don’t have time to read every word. But you should. When you don’t read the fine print, you subject yourself to post-contract issues. Don’t expect the other party to look out for you. Take the time… Read More »

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What To Discuss With A Lawyer Before Starting A Business

By Godfrey Legal |

Are you ready to quit the 9-5 and start your own business? Most likely, no. A business startup is more than just quitting your job and selling a product you created. There is a lot more involved. You need to know about liability, business structure, employee rights, copyright law, contracts, and much more. It’s… Read More »

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Alleged Discrimination Among Small Business Contracts

By Godfrey Legal |

Unfortunately, discrimination can be found in pretty much every area of life. From areas such as employment to housing to relationships, businesses and individuals tend to discriminate against people based on factors such as their age, gender, race and disability. This also happens when business owners try to procure small business contracts. The government… Read More »

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Elements of a Business Contract for Family Businesses

By Godfrey Legal |

When several family members, like a married couple or siblings, set out to start a business together, they hope it will be successful and last a long time. Many family businesses do end up being successful but they don’t always last as long as they should. Only 40% of family businesses last two generations,… Read More »

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Parting Ways With Your Business During COVID-19

By Godfrey Legal |

You may have been excited about owning a business several years ago or maybe even earlier this year, when the economy wasn’t so bad. However, with COVID-19 whipping through the United States and forcing quarantines and business closures, you may have changed your mind. No business has been left untouched. You likely have seen… Read More »

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Coronavirus Considered a Force Majeure in Business Contracts

By Godfrey Legal |

In almost all business contracts, there will be mention of something called a force majeure. A force majeure is an important business clause for companies because it offers them an escape route, or a release of liability. But what exactly qualifies under this clause? A force majeure means a superior force, and in a… Read More »

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