Starting a limited liability company (LLC) can provide the owner with a degree of protection. They do not have direct legal or financial liability for the company's debts and can protect themselves if the company faces liability. However, that protection is subject to...
Business Formation
Is it necessary to start a business to buy a franchise?
Franchise business opportunities can be accessible options for first-time business owners. People do not need to develop a brand or learn the ins and outs of a particular industry. The franchisor selling franchise opportunities generally provides training and...
3 critical needs when starting a new business
Creating a business can lay the foundation for future financial success. The startup stage often requires the assistance of an attorney familiar with both federal and state regulations, especially for those with larger-than-life dreams. There are laws that govern...
5 steps involved when dissolving a business partnership
Ending a business partnership can be a major decision, often influenced by shifting goals, financial challenges or personal differences. However, simply walking away is not enough. The process involves several key steps to ensure everything is handled legally and...
3 issues to address in a partnership agreement
During the business formation process, you and your business partner may want to draft an official partnership agreement. You may have started planning the company without any paperwork in place, and that may be fine. But once you’re ready to begin investing in...
Cultural considerations when thinking of a merger
Mergers can be a great way to move your business forward. Understanding some of the things that can go wrong can help you to better determine whether a particular merger is right for your business. One of the things that can often cause a merger to fail is cultural...
Are personal assets at risk from business creditors?
If you are looking to set up a business, you may be worried about putting your personal assets at risk. For instance, maybe you are just thinking about creating a sole proprietorship in your own name, or maybe you are setting up a partnership with a friend. Either...
Protecting your small business’s intellectual property in Texas
Running a small business in Texas can be challenging, especially when it comes to protecting your ideas. Whether it’s a brand name, product design or creative content, intellectual property (IP) protection helps prevent copycats and larger competitors from taking what...
What are “net” terms in a commercial lease?
People who are starting a business sometimes can’t afford to purchase a commercial property or simply don’t want to add the stress of real estate ownership to their new venture. In those cases, they may turn to a commercial lease to get the real estate they need....
How to reduce the risk when taking out business loans
Many businesses require loans, either to get them off the ground or to expand their operations. Business owners know that they can be profitable, but they need startup money to get the company going. Once they do, they hope that the business will bring in enough...


