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A partnership agreement is not a requirement to start a new business, but if you are thinking about forming a new business partnership in Texas, or if you have a partnership already established, you should think about drawing one up. According to...
There is nothing more frustrating than being owed money and not receiving it. Everybody wants to be paid their fair due; that is why creditors will sometimes employ a writ of garnishment to collect what is owed. The BasicsA writ of garnishment is a legal order in...
As a new calendar year gets underway, many companies are turning their attention to how the newly implemented tax laws will play out as they file their 2018 business tax returns. Texas businesses may also decide to reevaluate the form of the entity they are...
When you decided to start a business with someone else, you likely had an image of sharing workloads and working in harmony. Unfortunately, not all partnerships end up that way. While there are times when a dispute occurs and it can be resolved, partnerships can...
If you own a business in Texas, you likely rely on customers' timely payments to pay expenses and fund growth. When a customer not only fails to pay you but also files bankruptcy to prevent any sort of debt collection action, you may be torn between pursuing the debt...
Entrepreneurs in Texas often need to work with others when getting new ventures off the ground. When considering a partnership, care should be taken to select the right person and to develop a positive and complete partnership agreement. Entrepreneur magazine...
The business structure you use for your new Texas startup impacts many facets of the organization. At Palmer & Manuel PLLC, we often provide expertise to clients who wish to choose the right business structure of their startup.When selecting the type of business...
Business owners in Texas will be dealing with a vast array of hurdles as they progress through their business journey. One potential issue is that of disputes or disagreements among partners, which can occur between anyone for many reasons. The important part is...
A business partnership agreement is a vital component to the formation and ongoing operation of a company. How you and your partner agree to make money and control decisions should be address before you're overwhelmed with the day-to-day operations. As you start to...
Prior to the 1960s, Texas was a state, which meant that it adhered to a "buyer beware" policy in real estate transactions. However, in 1968, the Supreme Court of Texas expressed its distaste of the caveat emptor doctrine when it comes to the sale and purchase of a...
