At some point, many business owners decide they want to sell their companies. Doing so can be a complicated process, and it is not uncommon for many business owners in Texas and elsewhere to make mistakes in the process that will wind up hurting them in the end. Here...
Business Law
How to resolve a breach of contract?
Business owners in Texas rely on contracts to keep their companies going strong. Unfortunately, at some point in their careers, many find themselves dealing with breach of contract issues that they may need help resolving. When a breach of contract occurs, what can...
Want to transfer your business ownership to your child?
Many business owners in Texas dream of their children taking over their companies or their portions of their companies when they are ready to retire. It seems like a simple enough transaction, but it may be more involved than expected. The good news is, if...
Litigation is not the only way to resolve a business dispute
It is only a matter of time until business owners in Texas have disputes arise that require some legal assistance to deal with. It happens to pretty much everyone at some point. No one wants to go to court, though, if it can be can avoided. Fortunately, litigation is...
Do you need to protect your business’ intellectual property?
Intellectual property is creative, intangible assets. They include any original creations, such as your logo, and other works, such as written materials, that are unique to your business. Intellectual property is incredibly valuable because of its unique nature. In...
The LLC business structure
Determining the type of business structure a company decides to employ can be the next big question after a person or people decide what their business entails. In Texas, there are a number of categories that businesses fall into under state law. The Limited Liability...
How can you solve a business dispute?
Texan business owners like you must prepare yourself for a day in which you face a dispute. Business owners across the board want to avoid issues among yourselves. Unfortunately, disputes are not always easy to avoid. Rather than hope you never run into one, it is...
What is a noncompete agreement?
If you are starting a business with employees, it is important to streamline your onboarding process. Depending on your business, you may wish to include a non-compete agreement with your hiring paperwork. Not all companies need non-compete agreements, but if it is...
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 formations.There...