Many business owners in Texas will face at least one lawsuit in their lifetimes, but small business owners are particularly vulnerable. Studies have shown that over half of small business owners face a lawsuit every year. If this is your first business, you might end...
Month: March 2021
Why an LLC is necessary
Entrepreneurship is one of the cornerstones of the "American dream" as thousands of people make the decision every year to be their own boss and strike out on their own. While many entrepreneurs make the decision to create their business as a sole proprietorship,...
Choosing a business structure for a startup business
Texas can be a great place for startup entrepreneurs, but business owners will need to make several important decisions if they wish to take full advantage of the many business opportunities the Lone Star State presents to them. One of the most important of these...
Formulate a Management Agreement to Avoid Disputes
Anyone entering into a business relationship in Texas should know that it is a lot like a marriage in many ways. Unless your business is a single-member entity (i.e., there is only ONE person involved), you will find it necessary to work closely with other...