Many companies often do business across multiple states. While this is a good sign that the business is growing, it does come with some specific challenges. One of these is collections. The laws in the United States are set up to where you can’t have a Florida...
Year: 2020
Avoid these 8 mistakes when selling a business
Starting a business and building it up into something valuable can be very rewarding. But at some point, it may be time to move on to other ventures or retire. Perhaps you are an entrepreneur at heart and find the building part business's lifespan more enjoyable than...
When terminating employees, proceed carefully
Not every employee you hire will work out. Whether terminating someone’s contract due to a downturn in business or firing an employee because of something they did, it is never an easy decision. Once you have made your mind up, you need to ensure you go about it...
What does the Fair Housing Act state about discrimination?
The Fair Housing Act is formally known as Title VIII of the Civil Rights Act of 1968. It sets specific standards for anyone who is handling the rental, sale or financing of homes. It isn’t ever acceptable for anyone to face discrimination because of protected...
Is a mobile home park like an HOA?
If you’re thinking of running a mobile home park or already doing so, you may have heard it compared to an HOA. While there are differences between the two, a Homeowners Association can be a close comparison in the sense that it also gets to set rules that the tenants...
What you can do to minimize your chances of a construction defects lawsuit
Three types of construction defects exist. There are workmanship, materials and design ones. These may lead to a structural problem or damage property, potentially injure someone and cause them some financial loss. As the contractor, you must exercise a certain...
Your rights when mobile home tenants claim lack of maintenance
As the owner of a manufactured home or mobile home park, you probably provide a range of services to various tenants. You may provide them with water and sewer services, as well as infrastructure such as pools or playground equipment. In some cases, your tenants may...
Lot rent: What should it cover?
As a busy manufactured home park owner, you don’t want to run in to trouble with your tenants. Your goal is to make your lot rates fair and the requirements in the park reasonable. You’ve seen more people turning to parks like yours over the last few years, and you...
What should I know about creating strong business contracts?
When you launch your own business, it’s an exciting and yet stressful time. Before you begin serving the needs of your clients or customers, you want to ensure you have done everything you can to protect your business, so it can succeed long-term. One of the most...
3 benefits of incorporating your new business
If you have a brilliant new business idea, you may feel rushed to turn that concept into a money-generating business. The timeline for creating and starting up a company often becomes longer when there are more details to handle. If you worry that someone else is...