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...
Business Law
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...
Texas business law and nondisclosure issues
When a Texas business owner or employer wants to protect proprietary information, there are several ways to do so. One way is simply to not share the information with anyone, but it’s typically not a practical solution. Chances are, for the information to be useful to...
Buying a franchise versus starting a new business
Many people in Texas dream of becoming their own bosses. However, for those with the means to fund a new enterprise, a question often stands out: is it better to buy a franchise or to start a brand-new business? The choice is a personal one, and there are many...
Best practices for offboarding employees
When an employee leaves the company, especially if there is a conflict or tension involved, legal risks may emerge. This is especially true if companies do not take proactive steps to end the employment in the correct way. Offboarding describes the process a company...