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Considering their size, small businesses often find it challenging to compete with larger companies in Texas. Something that makes this struggle even harder for small businesses involves chargebacks. A chargeback takes place when one party disputes a transaction and...
Going into business in Texas involves a series of binding legal agreements. The nature of these agreements can be stated in certain terms. Once agreed upon, the terms can be made concrete and enforceable by means of a contract. After you sign it, a contract becomes...
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...
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...
Residents and new businesses in North Texas may want to learn more about how a Limited Liability Company (LLC) is viewed by the Internal Revenue Service (IRS). According to the IRS, each state has different regulations regarding this type of business structure. What...
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...
A business entity is created for the purpose of managing a Texas business's activities. The type of entity defines the structure of the business, the extent of liability for the owners and the types of taxes to pay. Sole proprietorship A sole proprietorship is the...
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...
Creating an operating agreement (also called a company agreement) is essential if you're starting a limited liability company (LLC) in Texas. Knowing how to write one and what to include in it should guide and safeguard you from legal challenges. Having an LLC...
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...
