A business entity is created for the purpose of managing a Texas business's activities. The type of entity defines the structure of the business, the extent of liability for the owners and the types of taxes to pay. Sole proprietorship A sole proprietorship is the...
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Month: March 2022
How to sell your small business
Texas entrepreneurs establish businesses for different reasons. Some have intentions of keeping the operation going for an unforeseen time into the future, and others build it specifically with the intention of selling at some point after it has accrued significant...
Using an LLC operating agreement can be essential for guidance
Creating an operating agreement (also called a company agreement) is essential if you're starting a limited liability company (LLC) in Texas. Knowing how to write one and what to include in it should guide and safeguard you from legal challenges. Having an LLC...
