Providing Solutions
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...
When starting a business in Texas, one of the most important considerations is determining what legal structure your company will have. The structure you choose will affect all aspects of operation, including how much taxes you pay and how much personal liability you...
If you form a business with another person, you should create a written partnership agreement. This is generally a good idea whether the company is based in Texas or any other state. The agreement should state how profits are shared and the roles that each person will...
Business partners working together in Texas might experience the occasional dispute. A partnership dispute could threaten to divide the business and call the entire relationship into question. However, there are steps that business partners can take to prevent or...
The right business partner could help your Texas company grow and thrive for many years or decades to come. However, choosing the wrong person may doom your business to failure regardless of how good its products or services are. Let's look at two of the...
Many employers in Texas and beyond might ask their potential employees to sign a noncompete agreement. A noncompete agreement might request that employees don't take jobs with competitors in the future, and have other similar requirements. The agreement usually...
