Liquidated Damages Clauses in Business Contracts
Contracts are not always honored. Breaches do occur and if you are a business owner it is an important possibility to plan for. While we put contracts in place hoping to see them fulfilled, there is always the chance that one or both parties to the contract will not uphold their end of the...
What is a Professional Corporation?
There is a fairly wide range of business entity options from which you can choose from when starting a new business. Depending on the type of business you are planning for and who will be owning and operating the business, there may be further options still. A professional corporation, for instance, may...
Forming an LLC in Texas
A Limited Liability Corporation or “LLC” is a popular business structure to select. It affords owners many benefits, including pass through tax benefits, flexibility, and personal liability protection. If you are an entrepreneur looking to form an LLC in Texas, here is an overview of the formation process.
Forming an LLC in TexasIn...
Avoid these Common Family Business Mistakes
Family businesses can be a great source of pride. After all, family members pour their time, financial resources, and hearts into these kinds of entrepreneurial endeavors. While they come in a variety of shapes and sizes, family businesses all maintain single family ownership. It can be difficult to keep a family business in the...
Creating a Remote Work Policy
While some companies have been offering remote work opportunities for years, others may have been pushed in this direction by the COVID-19 pandemic or by an increasing demand for such arrangements by potential employees. Regardless, if your company has always offered remote work, is newer to remote work, or is considering remote work options...
Hiring an Attorney for your New Business is a Must
Starting a new business is a big and exciting endeavor. It may seem, however, as if there is a never ending to do list before you. On top of this, you may be worried about covering start-up costs. Do not let this overwhelm you or push you to take shortcuts in the...
Virtual Mediation in COVID-19 Times
COVID-19 brought unprecedented times to all of us, businesses included. Over the past few years, COVID-19 has persisted and businesses have been hard hit with its multifaceted impacts. As businesses struggle with lockdowns, social distancing, and competing in an ever changing market, there will continue to be problems arising. There will be conflicts businesses...
Have you Heard of the Promoting Competition in the American Economy Executive Order?
President Joe Biden issued Executive Order 14036 on July 9, 2021. Titled “Promoting Competition in the American Economy,” the order included 72 initiatives geared at tackling what the President asserts to be the most pressing competition issues the U.S. economy is currently facing. Let’s take a closer look at this executive order and its...
COVID-19 Waivers and Your Business
As the COVID-19 pandemic persists, businesses continue to grapple with novel issues, such as how to protect the business from liability exposure while still being able to run a profitable business where employees can come into the office should they need to or want to. While shutdowns have not been in the news as...