Starting a business often involves partners contributing different amounts of capital. These unequal contributions can lead to disputes. Resolving these disputes is vital for the health and success of the business. NOTE: The ideas discussed in this article also apply...
Business Law And Litigation
What are the legal challenges of sustainable business in Texas?
Incorporating sustainable practices into your business can bring many benefits. Understanding the key legal challenges around sustainability will help you navigate them. Regulatory compliance Environmental laws in Texas can be tricky. Permits: You must get permits for...
Tips for tracking small business expenses
Classifying and tracking business expenses is important for Dallas small business owners. Properly tracking your expenses keeps your business running smoothly, while categorizing expenses helps with organization, planning and filing taxes. First, label your expenses...
Businesses should watch out for fake trademark law scams
Businesses put a lot of time, energy and money into building their reputations, and all that can be at risk if a competitor tries to confuse consumers by marketing an inferior product that is designed to imitate the original. To avoid that fate, many businesses choose...
What is an anticipatory breach?
Business contracts are generally beneficial to both parties (after all, that is why both agreed to the contract). Still, circumstances can put one party at risk of financial or other loss. In some cases, one of the parties may anticipate that the other party will...
Preventing consumer disputes in online businesses
With the ability to reach customers anywhere worldwide and operate 24/7, online businesses have disrupted traditional brick-and-mortar models. It has created new opportunities for entrepreneurs and consumers alike. Along with these new opportunities, new challenges in...
The possible benefits of creating a separate entity
There are many ways in which you can organize your Texas company. Unless you elect to choose a different entity, your business will function as a sole proprietorship. While this may be the most convenient way to run an organization, it is not always the best way to do...
Understanding a joint venture and a partnership
A joint venture and a partnership are each made when two or more parties want to join the same team. Their purposes vary from businesses wanting to attract more customers to wanting to increase profits. In addition to obvious similarities, there are numerous...
The importance of due diligence in acquisitions in Texas
Whenever you invest in a property or a business, it's essential to do your due diligence. And if you're thinking of acquiring a business in Texas, study the company, look at its financials, and make sure the acquisition is a good fit for you or your organization. Here...
How does the Anti-Money Laundering Act of 2020 affect you?
Starting a new business can be an exhilarating endeavor. But the federal government and the government of Texas constantly deal with people who are trying to commit money laundering. Criminals use fake corporations and limited liability companies to conceal money...
