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More stories about Compensation

  • Know When To Walk and When Not To

    Just as it sounds, "breach of contract" means that someone has not done what he contractually promised to do. But a breach of contract does not automatically mean that the contract is dead — that is, unenforceable.

  • Why Operate Legally?

    It's hard to be competitive when you do everything you're supposed to, yet know the system is rigged against you if you don't.

  • Interview Getting Into Insurance Work

    Insurance work may look like a gravy train of good-paying remodeling jobs, but there's a lot more to it. An adjuster-turned-restoration specialist explains the ropes.

  • WIP Your Company Into Shape

    How often has this happened to you: After what looks like a really good month, you go out and buy an expensive piece of equipment, like a truck. Then the following month is a really bad one, and you wish you hadn't.

  • In The News

    Supreme Court to hear eminent domain case; another deck collapse; guarded optimism about prices; a "pay when paid" contract is challenged in Massachusetts; more

  • What Happens When You Go to Arbitration?

    The ins and outs of arbitration

  • Business

    Moving the schedule from paper to the computer; taking credit cards; protecting against plywood and lumber price spikes

  • When You Have To Terminate a Contract

    A short time ago I got a call from a builder with whom I've worked for many years. He usually seeks legal advice before jumping into something new, but this time he was a bit slow to check in. The builder had terminated a homeowner's renovation contract before the work was complete and was being...

  • Business

    Managing cash flow, deciding to be competitive, employee benefits

  • Why Subs Must Carry Liability Insurance

    As the general contractor, you have liability insurance to protect you from claims for bodily injury or property damage caused by your negligence. So why, you ask, is it important for your subs to have liability insurance, too?