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...
Business Formation And Planning
Texas is the No. 1 State for Starting a Business for 2018
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...
Do I need to think about exit strategy when starting my business?
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...
Does a DBA registration offer any legal name protection?
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...
Forming a business involves more than just filing paperwork
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...
What should your employee holiday policy look like?
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...
Selecting a business entity: A vital part of business formation
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...
After 5-year drop-off, startups make a comeback
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...
Avoiding unenforceable contract provisions – Part I
If you are a business owner or you are contemplating the process of starting your own business, you likely have some familiarity with contracts. As you are likely aware, contracts are meant to be legally binding documents. As a result, it is vitally important that...
Considering legal issues pertaining to family businesses
Running a family business can be a uniquely rewarding experience. Sharing in the everyday triumphs and challenges of business operations with loved ones can deepen family bonds and create invaluable memories. In addition, it can be comforting to know that you have a...

