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Retentions in commercial contracts: 7 steps for subcontractors to actively manage retentions in the construction industry
Retentions are common features of commercial contracts in the Building and Construction Industry. Designed to protect the head contractor from defective work or late completion of work, a contract may allow for the head contractor to deduct an amount from the payment of the subcontractor’s progress claim and retain it for a set period of time.
4 business structures for any new business to consider
Regardless of the industry you’re in, the way you structure your business will have ramifications long into the future.
Hope for the best, plan for the worst: Why a business succession plan is essential
While everyone wants their businesses to be successful and operate for a long time, you may not necessarily want to remain at the helm.
Building & construction businesses: 8 areas you need to review with subcontractors & employees to avoid future problems
Subcontractors vs employees: who’s entitled to what and what are your obligations?
