On behalf of Palmer Lehman Sandberg, PLLC | Nov 5, 2020 | Business Formation And Planning
Starting a business partnership in Texas might seem fairly easy. Two people have an idea, get together and form a business. That’s all it takes, right? In fact, a business partnership is a complex legal agreement that can lead to conflicts if it’s not...
On behalf of Palmer Lehman Sandberg, PLLC | Oct 27, 2020 | Business Formation And Planning
A limited liability company, or LLC, can be ideal for Texas small business owners who want to protect their assets without forming a corporation. Assuming that you don’t elect to change your LLC’s tax status, it will be treated like a sole proprietorship...
On behalf of Palmer Lehman Sandberg, PLLC | Sep 15, 2020 | Business Formation And Planning
Entrepreneurs in Dallas may be interested in learning the basics of starting a business. If you follow certain established steps, the process will be easier. Beginning a business involves planning as well as making important financial decisions. Research and plan...
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...
