Based on your statement that the year is almost up, you should be able to terminate the contract simply based on expiration without having to worry about "breaking" the contract. If you are willing to wait out the contract, you should simply provide the broker notice that you will not be renewing the contract at the end of the term.
by MC Wife - 7 hours ago
Read the contract. You note that the contract says you'd have to pay him if you break the contract. OK. But has he complied with the terms of the contract? Does the contract require him to perform certain actions (such as market the business, post pictures of the building or contents) that he hasn't done? If that's the case, then (I'm not a lawyer, so this isn't legal advice) he's already breached the contract. Again, read the contract. If it looks like you might have an out (or even if you can't find one), check with a lawyer.
by I Buy And Sell Houses - 7 hours ago
Setting up Your Company to Obtain a Small Business Loan
If you’re looking to expand your business, you may be considering getting a loan. In order to achieve that goal, you’ll need...
From hobby to wine in the sky: Whitewater Vineyards
Gout de terroir. Wine aficionados are familiar with this phrase, which refers to the “taste of the soil” that...
Less Stress Spells More Tech Spending for Small Business Owners
More than half of small business owners would now rather invest in their businesses than stockpile cash, according to new...
Volume of Loans to Small Business Increases First Time Since 2010
Healthy sales and strong profits are making private U.S. companies increasingly attractive prospects to bank lending...
Starting out: It’s Time to Get Organized
You are the creative mind behind your business. The entrepreneur. The genius. Certainly, you shouldn’t have to spend a lot...
The lien on your business you never knew you had
If you have ever applied for any type of business loan, you may be shocked to learn that there could be a lien filed against...