There’s nothing like the feeling you get when you finally create a comprehensive estate plan. Even though it forced you to think about the future, you’re now in better position to protect both you and your loved ones (as well as your assets). However, there’s a big...
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Do you need a family limited liability company?
If you are fortunate enough to enjoy a supportive, loving and friendly family dynamic, you may consider starting a business together. Perhaps you and your spouse have the type of relationship where you work well together and complement each other when it comes to...
Laying the foundation for your company’s future success
Every business is different, and what you will need to do to ensure your Texas company's success depends on what you hope to accomplish, the type of business you plan to start and multiple other factors. The choices you make during the business formation process will...
Does your single-member LLC really need an operating agreement?
Instead of operating as a sole proprietorship, you decided to take advantage of the personal protections of a limited liability company. Since you are the only member, you may not think you need an operating agreement.After all, aren't operating agreements meant to...
New business owners may be worried about frivolous lawsuits
As a relatively new business owner, you know that you have to stay on top of every transaction that occurs with your company. You undoubtedly put up a lot of funds to get your business off the ground, and you do not want anything to jeopardize the operations you have...
Is a breach of contract worth pursuing legal action?
When conducting any type of business venture, having a contract is a must. These agreements can be verbal or written, but it is typically more advisable to have a written record of any business dealings. In particular, having a written contract may act as better...
How can I make sure my clients pay me?
Your company does good work, and you are proud when your completed project makes a client happy. However, nothing can diminish that feeling of pride faster than having to wait and beg for the money a client owes you for the work you did. Running a small business is...
Has a corporation board breached its fiduciary duty to you?
Purchasing shares in a company is often a leap of faith, but it is not something you might do blindly. Certainly, you must believe in the company and its product or service. Additionally, you may expect the company to succeed and thus provide you with a sound and...
Your business may need more contracts than you realize
When you decided to start your own business, you likely knew that there would be a lot of work involved. Even after you got your business operations up and running, you still had to take steps to keep everything in line. You may have created new business...
Does damage to your company have you considering litigation?
Running a small business takes a lot of work from the moment you decide to start the business. You have undoubtedly gone through mountains of paperwork, made numerous decisions, had to deal with setbacks and felt the stress of starting a business. However, you reached...