It's common for disagreements to occur between business partners. They may dispute the company's direction or argue over profit distribution. Such conflicts are a normal part of business relationships. However, some areas of dispute are more common than others....
Business Litigation
What to know about being a franchisee
Starting your own business in Texas can be an effective way to control or grow your career. However, running any type of business means understanding consumer and customer habits, state and federal employment laws and other important matters. You may also need to make...
Preparing for litigation as a small-business owner
Lawsuits may seem exclusive to major corporations, but the reality is that small businesses are not immune to litigation. No matter what type of company you have, the financial consequences of business litigation can be devastating. If your business faces potential...
What factors qualify trade secrets for protection?
There are varying types of intellectual property (IP) that businesses need to protect. Sometimes, their owners could register them to formalize ownership, such as patents. However, some forms of IP do not require or allow registration, including trade secrets. By...
Consider using mediation to resolve small business disputes
Few businesses go through operations without entering into disputes from time to time. While large corporations have the resources available to battle it out in court, smaller companies in Texas often do not. How can you resolve disputes without breaking the bank?...
A guide to mediation and arbitration in Texas
Not all business disputes are solved in Texas courts; there are various alternative methods that often produce better results and are more affordable and faster. The two most common alternative methods are mediation and arbitration. Understanding mediation Mediation...
How you can safely resolve business disputes
Disputes between Texas business owners can arise due to any number of causes. Your co-owner might lose interest in the business, causing them to put in less work. Your co-owner and you may have different ideas on the direction the business should go (i.e. expand or...
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...
What are some common small business disputes?
Many business owners in Texas will face at least one lawsuit in their lifetimes, but small business owners are particularly vulnerable. Studies have shown that over half of small business owners face a lawsuit every year. If this is your first business, you might end...
Ways to remove a co-owner from a business venture
Starting a business in Texas is a big risk, and it’s hard to go it alone. That’s why so many companies are started by co-founders. Often, one party has the idea, and the other has the capital, and giving away equity in exchange for funding is a very viable way to get...