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...
A community-based law firm serving businesses and individuals with real estate transactions, corporate law legal needs and planning for the future.
Business Law
Know the facts when bringing a partner into a business
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...
Tips for negotiating your business sale
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...
Is a sole proprietorship right for your business?
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...
What happens at the closing of the sale of a business?
There are many reasons why a Texas business owner may decide to sell their business. Some owners may find that selling the business is the best way to help it grow, while others may be trying to deal with their own feelings of burnout. In any case, making sure the...
Avoid these 5 common partnership mistakes
The business formation process can feel overwhelming. When you’re eager to get your business up and running and earning money, you can be tempted to rush some early decisions. But doing so can be risky, putting you and your endeavor at risk. This can be especially...