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Recent blog posts

As a small business owner, you know how important it is to have appropriate space to run your business operations. Commercial real estate can be difficult to come by for small businesses in Texas, yet there are many things to consider when negotiating a lease. Lease agreements are serious, and the terms can have a significant impact on your operations and financial health.

If you think you found the perfect location for your company, it can be tempting to forge ahead and sign on the dotted line as quickly as possible. However, there are significant benefits to seeking guidance as you make important decisions, even allowing a legal ally to negotiate the commercial lease on your behalf.

Important considerations when leasing

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As a small business owner, collecting money people owe you is a part of doing business. In many cases, people will simply pay what they owe without issue, but there are times you will have to deal with difficult customers who refuse to pay for services rendered or products received.

In cases in which there is a dispute over owed balances and collections, you may find it beneficial to seek a full understanding of how you can protect your rights as a business owner. You have the right to take appropriate measures to secure the money owed to you, but it is prudent to know what you can and cannot do as you undertake this effort. Many Texas business owners find it beneficial to seek legal guidance as they pursue a beneficial solution for collections disputes.

Why won't people pay?

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Starting a business in Texas can be an exciting endeavor. Perhaps you have had your idea for as long as you can remember, and now that the time has come to bring your business dreams into reality, you likely cannot wait to get started. Additionally, your future business partner or partners may also share in your enthusiasm and feel ready to get the ball rolling on your future success.

Though you and your partners may have known each other for years — or perhaps even since childhood — you may not want to move forward with creating a business partnership simply on the basis of friendship. Some form of legal understanding needs to exist in order for each person to know what to expect from the partnership as well as to keep each party accountable. Therefore, you may wish to consider creating a partnership agreement.

Legal contract

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In your business, you can't take for granted timely payment. When you have employees, suppliers and you own bills to pay, waiting for a contractor or property owner to compensate you for the work you have finished can be frustrating and damaging to your business. You may know that you have the right to file a mechanic's lien if a customer doesn't pay within a certain amount of time. However, the process may seem complicated and time-consuming.

That's because it is. Nevertheless, a mechanic's lien may be your best advantage to getting payment that you deserve for the work you have done. While you may be able to access online services to attempt to file a lien, the complex nature of the process means you are taking risks with your company that you may not be able to afford.

Providing preliminary notice

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Having a valued team can help any business successfully go through its daily operations and work to meet future goals. Of course, as the business owner, you want to ensure that any team members you have will protect important company information and not damage business operations should they choose to leave the company. Though this task may seem difficult, you may have the ability to create safeguards.

In particular, you may want to ensure that any business competitors cannot obtain business information from your company should a former employee of yours choose to work for a similar company. As a result, you may choose to create a non-compete agreement in hopes of protecting your company's best interests.

What is a non-compete agreement?

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