Providing Solutions
Dallas Business Law Topics
Flexibility of a limited liability company
One type of business structure accepted in all 50 states is a limited liability company, more commonly referred to as an LLC. Rules for forming an LLC in Texas may differ from other states, so owners should check with their specified secretary of state for formation...
Important language to include in a partnership agreement
When starting a partnership in Texas or any other state, it is generally a good idea to craft a written partnership agreement. This can make it easier to resolve disputes or develop protocols that will be followed if you or your business partner choose to leave the...
Red flags when choosing your business partner
You want to start a business, but you don't want to do it alone. You know you could benefit from a business partner. You're looking for someone who has skills and talents that you lack.Who you choose is incredibly important to the health and success of your business...
Protect your company if someone wants to discharge a debt
If you work for a company that either extends credit or provides goods and services, you rely on the timely payments from those indebted to you to continue operating. When people try to avoid their financial obligations to repay your company, it can hurt your bottom...
Should you form your company as an LLC?
When it comes time to create an official entity for your business, you may quickly realize that the number of business structures you may choose from can seem overwhelming. Many new business founders push forward into the market too quickly without properly...
How to choose a partner when starting a business
If you don't already know who your partner will be in your new business venture, you will need to choose one. This can be a challenging process, especially if you don't know where to start. Today, we will provide you with a handful of tips for choosing a partner to...
Common examples of partnership disputes
Partnership disputes happen more often than you might think in small companies. Even though you are not a large corporation, it doesn't make you immune to disputes. These often arise for various reasons and can turn into costly legal battles, especially if you aren't...
Should you incorporate your business?
Incorporating your business adds legitimacy to it while also formally spreading out the responsibilities associated with it to your corporate partners. Yet with it also comes added liabilities, among which are new tax regulations. Many business owners and executives...
4 lawsuits that may catch your small business off guard
Growing a small business is often an effective way to realize financial freedom. Further, if you have a brilliant idea, in-demand product or necessary service, your small business probably plays and important role in the community. Still, a lawsuit may bring your...
The pros and cons of non-compete agreements
When considering new opportunities in Texas, pay close attention to non-compete agreements. Non-compete agreements have traditionally been enforceable in Texas that fairly restrict the ability to work in a specific industry, in a specific location, for a specific...
