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...
Business Law And Litigation
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...
The pros and cons of government regulation on businesses
There is an old adage that everything is big in Texas, and for many small business owners, that includes governmental impact on their operations. And when government agencies show up unannounced, it is often not good. Rules and regulations are needed, especially with...
Should I buy an existing business?
Owning a Texas business can be exciting and challenging. However, you might wonder if it’s more worth your while to buy an existing company instead of founding your own. There are pros and cons to buying an existing business. What are the pros of buying an existing...
How civil lawsuits work
Business disputes are relatively common for any small business operation in Texas, and they can arise out of a wide variety of circumstances. While many disputes are based on contract violations, the truth is that they can happen over practically any issue in an...
Can I manage legal issues for my small business on my own?
Businesses of all sizes in Texas have legal issues that they need to manage. As a company owner, you may be able to handle some issues by yourself. Nevertheless, the larger your company or the more owners of your company, the more legal help becomes necessary. How do...
Understanding how to resolve partnership problems is essential
Operating a business as a partnership in Texas can be lucrative when operations are going well. However, like most relationships, there can be disagreements that spark internal problems. Handling these differences is essential when partners are involved in running the...
How to sell your small business
Texas entrepreneurs establish businesses for different reasons. Some have intentions of keeping the operation going for an unforeseen time into the future, and others build it specifically with the intention of selling at some point after it has accrued significant...
Employment harassment law updates to be aware of in Texas
For anyone who is employed or is employing people in Texas, you'll want to keep your eye on the expansion of rights for employees that recently occurred. These changes have been in effect since September 2021, and they increase the potential liability of employers and...
