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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?...
If you are setting up your business in Texas, it might be a good idea to consider establishing a partnership. A partnership is one of the most common business entities. In a partnership, two or more people share ownership of a single business. It’s a great way to grow...
If you have obtained a monetary judgment order against a debtor in a Texas court, you may wonder how to collect that judgment. Collecting a monetary judgment in Texas can be complex and may require the assistance of an attorney experienced in creditors’ rights. Steps...
If you are launching a business in Texas, you may be required to register your business name with the appropriate government agencies. By registering your business name, you will be able to protect your brand and prevent others from using similar names without...
A joint venture and a partnership are each made when two or more parties want to join the same team. Their purposes vary from businesses wanting to attract more customers to wanting to increase profits. In addition to obvious similarities, there are numerous...
Whenever you invest in a property or a business, it's essential to do your due diligence. And if you're thinking of acquiring a business in Texas, study the company, look at its financials, and make sure the acquisition is a good fit for you or your organization. Here...
Entrepreneurship is on the rise in America. According to the US Census Bureau, more than 4 million new businesses are started each year. In Texas alone, there are currently 3.1 million small businesses, and they employ more than 45% of the private workforce in the...
Every new business project, partner, or venture requires an individual agreement. Contracts ensure that all parties have the same goals and understand their roles and responsibilities. An enforceable contract also protects the entities involved. A trading partner...
A limited partnership ("LP") in Texas is comprised of general partners and limited partners. Limited partners do not have personal responsibility for the business's debts and legal activities (unless they sign a personal guaranty). They also have less control than the...
One of the most basic steps in starting a business in Texas is deciding on the business structure. There are many different ways to structure a business. The best approach depends on the number of people involved and the philosophy behind the business. Making the...
