A contract can be one of the most important tools a freelance professional or small business owner in Texas has at his or her disposal. When written properly, contracts form the foundation of the relationship between a business and a client. They can also provide clarity and eliminate a variety of problems that could potentially arise before they have a chance to come up. By creating certainty, a company can spend its time delivering a quality product or service.
Texas residents may be interested to learn that a large coffee company has been slapped with a multi-million dollar bill for infringing on the trademarks of reggae musician Bob Marley. In a ruling by the 9th Circuit Court of Appeals, the judgement by a lower court to award damages was affirmed. The coffee company was originally sued for illegally modifying the royalty agreement paid to the owners of Marley's copyrighted work.
The ongoing partial government shutdown is negatively impacting the commercial real estate sector in Texas and across the U.S. Multiple federal agencies and government contractors play an important role within the industry. When they are not at work or are greatly short-staffed during the shutdown, their absence can harm commercial real estate businesses.
For many people interested in branching out to expand their investment interests in the Houston area, commercial real estate can provide important opportunities. Initially, it can be confusing to many people new to the industry as documents about real estate investments can be laden with jargon. The sums of money involved in a project can be substantial, especially for major commercial developments. However, there are a number of ways for people to enter the market and benefit from the opportunities provided; these types of investments are well-known for providing a stable home for funds and protection from volatility in the stock market as well as significant potential for profit.