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Texas is a pillar of commerce in the United States. Although most transactions go smoothly, some disputes may still arise. Rather than dealing with lengthy court proceedings, many entrepreneurs and businesses opt for arbitration. The basics of arbitration Arbitration...
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...
Running a Texas business with a partner may increase the chances that your company will be successful. However, as with any relationship, there is a chance that you and your partner will disagree from time to time. Fortunately, it may be possible to prevent a...
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...
Partnerships are one of the most common business structures in the U.S. Unfortunately, like any close relationship, business partnerships can sometimes be fraught with tensions. It's common for partnership disputes to arise in Texas and elsewhere in the country. When...
Starting a business partnership in Texas might seem fairly easy. Two people have an idea, get together and form a business. That's all it takes, right? In fact, a business partnership is a complex legal agreement that can lead to conflicts if it's not handled by an...
Intellectual property can be a tricky thing to argue in courts, which is why so many cases wind up in appellate courts. In March 2018, a jury trial in San Antonio ended with a $740 million judgment against a title insurer accused of stealing a tech firm’s proprietary...
A business partner may be able to help your company grow into a thriving and sustainable entity. Ideally, this person will be someone who shares your business philosophy, and will also be someone with whom you get along on a personal level. Even with the right...
A limited liability company, or LLC, can be ideal for Texas small business owners who want to protect their assets without forming a corporation. Assuming that you don't elect to change your LLC's tax status, it will be treated like a sole proprietorship or a...
All businesses can have internal problems when partners disagree on the right direction for the company. Businesses are interested in growth, but how to get there is often debatable. This can be especially true with businesses when there are multiple business partners...
