Late last year, the Texas Legislature made a number of changes to the Texas Property Code that will impact not only construction contractors, but also owners of construction projects. Those changes apply to all private commercial construction projects where the original contract between the owner and contractor is signed on or after January 1, 2022.
Ask any business owner what they expect their greatest challenge to be in 2022, and virtually every one will have attracting and retaining talent in their top two list. The last couple of years has brought us The Great Resignation on the one hand and greater mobility between job positions than we have experienced in a very long time. In 2022, talent will continue to be hard to find and even harder to retain.
At the end of last year, ZDNet posted an article saying that businesses should expect to be screwed by ransomware in 2022. We have all heard of ransomware, and some have even been hit by it. Those who have know it is crippling and expensive to remedy. So, the question is are you prepared for it or prepared to be screwed by it?
The Occupational Safety and Health Administration (OSHA) released its rules requiring COVID-19 vaccinations for companies that employ 100 or more employees.
This article discusses the means by which those owners can prepare for the issues they will face when an owner dies, becomes disabled, becomes divorced, or just wants out.
Just as marriages start out rosy and full of excitement, many new business owners start out excited and with a picture-perfect view of the road ahead. However, just like spouses in a marriage can have times when it is difficult to get along, those new business owners may eventually become disillusioned about their relationship. Very often, one owner will develop feelings that he or she is carrying a disproportionate share of the work load, is contributing a disproportionate share of the financial or other resources needed to run the business, or is the victim of a power or equity imbalance. Most new business owners do not foresee future conflicts and do not prepare for them, but should.