Is Another Business Not Holding Up Their End of the Deal?

What can you do if you’re a business owner and another company isn’t holding up their end of the deal? Are you “out of luck” if a construction job isn’t done on time or according to your specifications? Despite what you may assume, you do have several options. Here are three ways you can address broken business promises. 

First, determine if the problem can be solved through a less formal and less expensive avenue, such as informal settlement discussions, mediation, or arbitration. If the issue(s) cannot be resolved informally, you may need to file a lawsuit. An attorney can guide you through the process and help you make this decision.

Second, an attorney can make recommendations for addressing the broken promise. Perhaps you want to demand a specific amount of money from the offending party, or perhaps you want them to agree, in writing, to take a specific action to remedy the broken promise. There are many ways to resolve a dispute, and a lawyer can provide a cost-benefit analysis and provide recommendations based upon the strength of your claim.

Third, don’t let a business’s broken promises slow down your company. Keep your team focused, even while disputes are being addressed, and let an attorney do the heavy lifting so you can focus on running your business and making money. 

Unfortunately, some businesses break promises, sometimes deliberately and many times unintentionally.  But remember, you’re not “out of luck” if another business isn’t holding up their end of a deal. Call Goosmann Law Firm and talk to one of our experienced litigation attorneys today to keep your business’s deal or project moving forward.