Starting a business commonly means having to jump through various hoops before having a fully operational business. If individuals try to sell products or perform services without complying with the necessary state regulations, they could end up in serious trouble. As...
Business Formation
A breach of fiduciary duty can cause trouble for businesses
It's virtually impossible to run a business single-handedly. As a Texas company grows, owners often need help from employees and outside parties to handle tasks that they cannot realistically handle on a day-to-day basis. Often, owners will enter into contracts with...
Considering expenses when starting a business
Many Texas residents have ideas that they believe would be great for a new business. However, circumstances can often prevent individuals from pursuing those ideas. Hopefully, when the time is right, prospective entrepreneurs will move forward with starting a...
Finding a new niche could help when starting a business
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...
Is there a right age to start a business?
The desire to becoming an entrepreneur can hit at any age. Some young people may know that they want to start a business for a specific purpose, and others may come to this revelation later in life after spending years of building experience to help them reach their...
Business formation: Beyond the idea
Great ideas are easy to recognize at play in the marketplace. But as an aspiring entrepreneur, it can be hard to settle on an idea that's truly workable. Your instinct may be to go with your gut for a business concept-your first "great" idea. However, it's important...
Older individuals can still start a business if it’s their dream
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...
Getting a partnership agreement right
Often risky and challenging, starting a business can be among life's most exhilarating adventures. When the venture is a good partnership, its owners get to go through the experience together.More importantly, they share their resources, experiences and skill sets,...
The proper steps are vital when starting a business
Wanting to start one's own business is an exciting time. The desire can come about for many reasons, but whatever the reason, Texas residents who are ready to own their own businesses need to ensure that they take the proper steps for getting started and, hopefully,...
Three estate planning steps for business owners
Entrepreneurs are incredibly busy. Between managing daily tasks, employees, management and their personal lives, business owners rarely have time to sit down and enjoy their free time. It makes sense then that most owners feel like they don’t have to start their...