Karalynn Cromeens is the owner and managing partner of The Cromeens Law Firm, PLLC. She holds more than 16 years experience practicing construction, real estate, and business law. In her professional career, Karalynn has successfully filed more than 1,000 lawsuits to foreclose or remove mechanic’s liens, with several of those being tried to a jury. Karalynn has grown her law firm at a tremendous rate and serves as a mentor to her employees.

In this episode, we talked about workers’ compensation, contracts, subcontracting…

Show notes

  • Introducing Karalynn Cromeens. [01:17]
  • More information about Karalynn. [03:23]
  • Working with subcontractors and what you should know legally. [06:19]
  • Why workers’ compensation insurance is important for your business. [10:27]
  • The impact of litigation to business owners. [12:22]
  • How business owners can protect themselves legally. [14:19]
  • The importance of having contracts written for your business. [18:40]
  • Why it’s important for business owners to acknowledge customer complaints. [19:17]
  • A mock customer complaint scenario between Tommy and Karalynn. [20:11]
  • Understanding the difference between bid and scope. [22:39]
  • The importance of expiration dates and material escalation clauses in contracts. [24:28]
  • Common misconceptions about subcontracting.  [28:30]
  • The importance of understanding contracts before signing. [29:54]
  • Advantages to securing Karalynn’s legal services. [31:26] 
  • The definition of a pay when paid clause and how to negotiate for it. [33:35]
  • Special courts for lower cost cases. [35:08]
  • More information about the Subcontractor Institute. [35:34]
  • Running a business as the owner, away from the tasks. [38:26]
  • Subcontractor legal challenges business owners can learn from. [40:24]
  • More information about the book Quit Getting Screwed. [47:59]
  • Three books on Karalynn’s reading list. [52:26]
  • Karalynn’s favorite negotiation strategy. [53:27]
  • Knowing the finer details about your niche to avoid legal problems. [56:18]
  • More information about the book Quit Getting Stiffed. [57:24]
  • When you need to file for liens. [59:07]
  • Karalynn’s most important piece of advice to home service business owners. [1:00:53]

 

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