Opening a restaurant is an exciting time, but an owner must take care while negotiating the construction contract to protect itself and anticipate the key issues that may arise during the project. Below are ten issues to consider when drafting and negotiating your construction contract. 1. Avoid cost-plus contracts. Cost-plus contracts should be avoided for…
POSTED IN: Articles & Quotes, At Your Service, Hospitality & Retail Services, News
You are the owner of a fine dining establishment located in the heart of the financial district. Business has been great – so great, in fact, that you recently decided to relocate to a new, larger location. In the process, you have spent tens of thousands of dollars to fit out the new space, including…
POSTED IN: Articles & Quotes, Commercial Real Estate
