On behalf of Palmer Lehman Sandberg, PLLC | Jun 22, 2020 | Business Formation And Planning
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...
On behalf of Palmer Lehman Sandberg, PLLC | Oct 28, 2019 | Business Formation And Planning
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...
On behalf of Palmer Lehman Sandberg, PLLC | Aug 6, 2019 | Business Formation And Planning
Forming a business as a partnership is exciting. But even if you run the business with a best friend, close family member or trustworthy colleague, you never know when things can go sour. A partnership dispute can cause your business to falter, especially if you do...
On behalf of Palmer Lehman Sandberg, PLLC | Oct 5, 2018 | Business Formation And Planning
Individuals looking to start a small business here in Texas may find a report from earlier this year quite encouraging. The report points to the state being a great place for startups.In fact, the report, from WalletHub, ranked Texas the No. 1 state for starting a...
On behalf of Palmer Lehman Sandberg, PLLC | Aug 20, 2015 | Business Formation And Planning
There are basic steps that need to be taken when trying to get a business off the ground. We suspect that is something that any would-be entrepreneur in Dallas can appreciate. You need a great idea, of course. You also need solid planning that takes all potential...
On behalf of Palmer Lehman Sandberg, PLLC | Aug 6, 2015 | Business Formation And Planning
Ah, the days of childhood when you could set up a crayon drawn sign on a corner, wheel out a wagon and start selling lemonade to passersby. You still may see some of these pop up businesses around Dallas on a hot summer day, but they are fewer and farther between than...
On behalf of Palmer Lehman Sandberg, PLLC | Jul 2, 2015 | Business Formation And Planning
If you are thinking about forming your own business, you are likely concerned about three primary issues. First, you are likely concerned about the financial investment necessary to get your business off the ground. Second, you are likely concerned with numerous...
On behalf of Palmer Lehman Sandberg, PLLC | Jun 26, 2015 | Business Formation And Planning
When forming a business, it is important to be forward-thinking. It can be difficult to embrace this mindset at times, given that setting up a business often requires you to be very focused on the present moment. But as you sift through all the legal paperwork, the...
On behalf of Palmer Lehman Sandberg, PLLC | Jun 18, 2015 | Business Formation And Planning
Congratulations on deciding to start a business in the state of Texas. Owning your own business can be one of the most rewarding experiences life has to offer, and many people never look back after finding out what it is like to be their own boss.The next step is...
On behalf of Palmer Lehman Sandberg, PLLC | May 31, 2015 | Business Formation And Planning
Startups are a vital part of the economy in Dallas and the country as a whole. In 2009, however, there was a steep decline in the number of new startups in the U.S. Mostly attributed to the Great Recession, which began in 2007, the drop was likely a sign that fewer...
