Texas businesses that are just getting started have a lot of choices to make. One of the most important is what entity they will establish their business underneath and whether they decide to use an S corp filing. Most people are not familiar with the S corp filing,...
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The pros of forming an S corporation
Texas entrepreneurs looking to set up shop will have a big decision to make: what type of business entity they want to set their business up as. An S corporation is not one that many people are overly familiar with. However, it provides many benefits for the business...
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...
Start-up costs to consider
A carefully crafted business plan is a great benefit to new business owners in Texas. One of the most important aspects of creating a great business plan is fully understanding the start-up costs involved. Research The costs associated with starting a company begin...
Selecting the right business structure impacts future operations
When starting a business in Texas, one of the most important considerations is determining what legal structure your company will have. The structure you choose will affect all aspects of operation, including how much taxes you pay and how much personal liability you...
The advantages of a written partnership agreement
If you form a business with another person, you should create a written partnership agreement. This is generally a good idea whether the company is based in Texas or any other state. The agreement should state how profits are shared and the roles that each person will...
Tips for choosing a business partner
The right business partner could help your Texas company grow and thrive for many years or decades to come. However, choosing the wrong person may doom your business to failure regardless of how good its products or services are. Let's look at two of the...
Things to think about when launching a startup
Launching a startup business could open the door to financial freedom for a successful and motivated entrepreneur. The business landscape in Texas is welcoming to startups. Still, there are things would-be business owners need to be aware of, including legal issues....
How to choose a partner when starting a business
If you don't already know who your partner will be in your new business venture, you will need to choose one. This can be a challenging process, especially if you don't know where to start. Today, we will provide you with a handful of tips for choosing a partner to...
