When business agreements go awry, filing a breach of contract lawsuit could become necessary to right wrongs and protect your interests. However, the legal process can be complex and time-consuming. Good preparation for business litigation is key, and proactive...
Business Law
Why entrepreneurs are choosing to form LLCs
Are you an entrepreneur ready to start a new business venture? Starting a limited liability company (LLC) might be wise for you. In the fast-paced business world, choosing the right legal structure can make all the difference. An LLC offers several compelling benefits...
3 key contract clauses to help protect your business
Most business relationship starts with high hopes and handshakes. But even the strongest partnerships need clear ground rules to prevent future disputes. Many business owners learn this lesson the hard way when vague contracts lead to costly legal battles. Including...
The importance of bylaws in business formation
When forming a business, entrepreneurs often focus on the thrill of launching their venture. However, they may overlook a crucial step: creating bylaws. Bylaws are vital because they govern how a company operates. They can also shape the structure, management and...
The pros and cons of resolving breach of contract via arbitration
In the business world, contracts are the backbone of any partnership as they outline the terms and responsibilities of each party involved. However, breaches of contract can and do arise. When they do, the consequences can be costly and time-consuming. One way to...
The impact of personal conflicts on business partnerships
It might be a common belief that business decisions are purely objective. However, personal conflicts between business partners can affect the success of their partnership. In fact, disagreements on personal matters can seep into business decisions. This might cause...
Creating a successful business plan
Business plans are crucial to the growth and success of companies, and they can help entrepreneurs stay focused while navigating the market and pursuing business financing. However, creating them can be intimidating. Here are a couple of tips for creating a detailed...
Creating an LLC in Texas
Limited liability companies (LLCs) are a flexible and in-demand business structure for small business leaders in Texas. Although the process of starting and maintaining an LLC is relatively easy, it is important that business owners complete the necessary paperwork...
Legal and branding considerations when naming a franchise
A franchise business’s name represents the brand to customers and can significantly impact its success, so it is important to make the right decision. While a good name choice doesn't guarantee success, a poorly chosen one can be detrimental. In some cases, making the...
What is needed to form an LLC?
Forming an LLC can be a wise decision for Texas entrepreneurs. However, the process of setting one up can be intimidating to some. Knowing what is needed in advance and being prepared with all the necessary information can make the process easier and smoother. Here...