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So far jpadmin has created 16 blog entries.

Creating a Succession Plan For Your Business

Creating a succession plan for your business is a smart and natural step in owning a business. The plan helps to ensure a smooth transition to the next business owner and will give you peace of mind that the continuation of your business has been planned for accordingly. While there is not a one-size-fits-all approach [...]

2018-05-09T23:45:45+00:00

What is a Breach of Contract?

In any form of business, there formal agreements written up that are in the form of a binding contract so that there is an understanding of responsibilities and duties. These contracts are typically written up before the company even gets its start to ensure that everything is handled with honesty and in accordance with legal [...]

2018-05-10T00:04:27+00:00

How to Buy a Business: Common Dangers and Pitfalls

Anyone who wants to buy a business needs to be cautious before signing an offer. It is critical to consult with a lawyer who is experienced in Hawaii business sales to guiSLXL​​de you through the process. Very often the business purchase agreements presented by brokers to potential buyers are designed to protect the broker and not the parties [...]

2018-05-09T23:18:31+00:00

The 5 Basics of Condo Insurance: Dwelling Coverage

Insurance companies offer Dwelling Coverage, which generally insures the interior walls, drywall, wallpaper, paneling, flooring, carpeting, or built-in cabinets. This is the coverage you need to cover your part of the building; the unit you own. As a condo association, you all take responsibility and ownership for the common areas, the exterior of the building, and energy [...]

2018-05-09T23:19:55+00:00

Directors’ and Officers’ Insurance: Am I insured for not buying insurance?

Serving on a community association board is often a thankless job. In addition to the long hours and no pay, there are myriad problems that a board member has to deal with. The governing documents (hopefully) spell out the board’s responsibilities for the association. If something goes wrong, most associations have Directors’ and Officers’ insurance (“D&O Insurance”) available [...]

2018-05-09T23:14:41+00:00

Protecting the Association Against Unlicensed Contractors

Associations lose hundreds of thousands of dollars to unlicensed and uncertified contractors every year. Associations should protect their property by avoiding unlicensed contractors. Unlicensed individuals cannot pull permits and usually carry no insurance. Licensing is not necessarily a measure of competence but it presupposes a certain degree of professionalism and commitment to the industry. When [...]

2018-05-09T23:51:56+00:00

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