Business Formation

The simple answer to this question is, "yes." Every limited liability company should have an operating agreement. Just because a Texas LLC only has one member and owner does not mean that this document does not serve any purpose. In fact, it is just as important as it...

Try as they might to make solid plans, many people face unexpected events that can throw those plans off track. For example, many Texas residents may have been thinking about starting a business and felt that their time was coming. However, an economic downturn can...

Taking on a new venture in life can be intimidating. Even if Texas residents believe they will be fulfilling a life-long dream, they can still feel hesitant to get started, especially if they are of an older age. Many people 50 and over may feel that it is too late to...