How to Convert a Texas LLC to a Corporation
Converting your Texas LLC to a corporation can be a strategic move, especially if you are seeking outside investment, planning to issue stock, or preparing for a public offering. Texas law allows for a statutory conversion, a streamlined legal process that can change your LLC's entity type without dissolving it. This guide...
Corporate Compliance Calendars: Staying on Top of Annual Requirements
Stay compliant in Texas by tracking key corporate deadlines, such as franchise tax filings due May 15 and mandatory board meetings that may be required by a corporation’s organizational documents. Missing these obligations may lead to penalties, increased risk of liability for officers or directors, or loss of good standing in the...
What to Know About Influencer and Content Creator Agreements
Brands and influencers work together every day to shape consumer choices. Whether you are a business looking to boost visibility or a creator seeking fair compensation, putting clear agreements in place is the only way to protect both sides. Influencer and content creator contracts outline the rules of the partnership, including what...
Franchise Law 101: Key Terms Every Business Owner Should Know
Starting a franchise can be one of the most rewarding ways to own a business. You can gain access to an established brand, proven systems, and ongoing support. But franchising also comes with complex legal terms and obligations. Understanding the language of franchise law is the first step toward protecting your investment...
Timing Strategies for When to File a Trademark
When should you file a trademark—before you launch your business, right after, or once you have started building momentum? The answer is not necessarily the same for everyone. The timing of your application can shape how well your brand is protected, how much you will spend, and how smoothly you may be...
How Do I Sell My Small Business?
Selling a small business is one of the most significant financial decisions an entrepreneur can make. Whether you’re ready to retire, pursue a new venture, or simply move on, the process involves more than just finding a buyer. From valuation to legal agreements and tax considerations, preparing your business for sale requires...
When Business Owners Should Start Succession Planning
Succession planning is one of the most important—but often overlooked—aspects of business ownership. Many business owners in Austin and throughout Texas delay creating a plan for transferring ownership, often until retirement is near or an unexpected event forces the issue. Atthe Kumar Law Firm PLLC, we help entrepreneurs develop thoughtful succession...
What Are the Benefits of Starting a Business in Texas?
Texas has long been recognized as one of the most business-friendly states in the U.S. Thanks to its favorable tax policies, regulatory climate, skilled workforce, and extensive economic development programs, entrepreneurs are increasingly choosing cities like Austin to launch and grow their companies. At the Kumar Law Firm PLLC, we help...
How an Attorney Can Help Businesses Face Common Legal Issues
Running a business in Texas comes with numerous challenges, including navigating the complex legal landscape. Whether you are a startup or a well-established company, legal issues may arise at any stage, potentially disrupting operations and profitability. Without proper legal guidance, businesses risk financial loss, reputational damage, and even closure due to unforeseen...
Navigating Business Disputes: When to Litigate and When to Mediate
Disputes are an inevitable part of running a business. Whether arising from contract breaches, partnership disagreements, intellectual property conflicts, or employee-related issues, these disputes can have significant financial and operational consequences. Business owners must carefully evaluate whether to pursue litigation or mediation to resolve their disputes effectively. The decision between these two...