What happens when your business partnership breaks up?
Studies show that business partnerships break up more often than marriages do. In fact, you stand a 20%-30% greater chance of your business partnership dissolving than your marriage dissolving. Entrepreneur.com advises that your business partnership breakup could...What are the different types of partnerships that exist in Texas?
If you’re looking to start a business here in Texas, then there are a lot of incorporation options that are available to you. There are many different management, liability, tax and operational benefits associated with each of the different business...Starting your own company? These tips can help
Starting your own business may give you a chance to capitalize on a dream you have always had somewhere in the back of your mind. It’s an exciting time as you finally watch things come together. You cannot wait to get this off of the ground.That said, maybe this...How do you choose the right business structure?
There is nothing more exciting than starting a business. However, before you can open your doors to the public, you need to choose the right business structure. Making a mistake here could cost you time and money in the future.Some of the most common types of business...Is your business partner lying?
You must have an honest and dependable business partner. If not, it could ruin your company and cost you dearly. Plus, if the two of you have a partnership agreement in place, any dishonesty from your partner could violate that agreement.So, how do you know if he or...What restrictions do S corporations have?
As you get ready to start your business, you’re trying to decide if you want to form a C corporation (C-corp) or an S corporation (S-corp). You know they come with some fundamental differences, including more restrictions on S-corps. But what are those...What happens after a breach of contract?
What happens when a deal falls through?If you have a contract obligating the other party to complete the deal, you do have the ability to force the issue along. Depending on the circumstances, you can try the following things: 1. RenegotiateIf the relationship with...
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