Business Law

Buying or selling a business in Texas is a major decision. It can affect your money, your responsibilities and your plans going forward. Each step has legal rules that matter. Missing something early can cause problems later. Business valuation and preparation The...

The decision to buy a business is a major life step, full of promise but also significant risk. You sign a purchase contract intending to move forward, but sometimes, during the process, facts emerge that make the deal seem suddenly unwise. Knowing when to stop and...

Starting and running a business may be your dream. But turning your business idea into reality involves certain steps and paperwork. If you have no idea where to start, these tips can help. Business plan Although it is not a legal requirement, the first step in...

You’re selling your business, now what? You’ve made the decision to sell your business, whether it’s a shop that has anchored your family for years or a small operation you’ve grown from scratch, and now you are staring at that uncertain middle ground between “I’m...

You may choose a limited liability company (LLC) as your business structure. If you decide to set up an LLC, you must draft an LLC operating agreement. An LLC operating agreement is a written contract between all LLC members. The operating agreement includes detailed...

You have multiple options when it comes to choosing a structure for your business. Although that structure may seem like a minor piece in the operations of your business endeavor, it can actually play a crucial role in how your business is run and the amount of income...

When selecting a type of business formation, many businesses can benefit from a limited liability company, also referred to as an LLC. This combines aspects of a corporation and a partnership. With the LLC, the owners will have invested capital into the business. The...

Texas businesses that are looking to grow and carve a greater footprint in their market might want to explore various strategies to expand. One that carries with it great benefit and risk is adding a partner. Partners can be useful because they can look at the...

The sale of a business involves quite a bit of negotiating. Although you might be ready to sell your business, finding the right buyer and negotiating the right deal can be complex and take time. Prepare yourself by gathering as much information on your business as...

When you embark on an entrepreneurial journey, you’ll have to make several decisions. Choosing a name for your business, securing a location, hiring staff, training personnel, obtaining supply chains, and developing a marketing strategy are amongst them. But before...