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Setting out to buy a small business is an exciting adventure. For those with the entrepreneurial spirit, buying a small business can be the culmination of pursuing a life-long dream. Buying an existing small business can be an excellent investment. If you fail to do your due diligence prior to this major purchase, however,...

Selling your company can be a bittersweet experience. The business you worked hard to build has become a success, but it is time for you to move to the next phase of your career or life. Before you place your company on the market, you want to ensure you consider several factors, so...

Texas Business Law Attorney

Putting that entrepreneurial spirit into action and forming your own business is a big step. Starting a business is the time to put all of those exciting ideas into a more detailed and concrete plan that will lay the foundation for its future. The Kumar Firm takes great pride in...

How can I guard against theft of my company’s trade secrets?

Recently, the Federal Bureau of Investigation arrested a second Apple employee and accused the employee, who is a Chinese citizen, of attempted theft of trade secrets.  The allegedly stolen information concerned Apple’s autonomous...

What are the benefits of diversity in the workplace?

Recently, Forbes magazine ranked Texas Health Resources number 140 on its list of the Best Employers for Diversity. The national list polled respondents with questions about employee gender, age, ethnicity, LGBTQ+, and other diversity indicators. ...

Should I use “love contracts” in the workplace?

Office romances are always a challenge for employers.  With the current #MeToo movement, employers today are all the more concerned about addressing and managing office romances in a way so as to avoid lawsuits.  Employers may attempt to institute a policy against office romances, while others allow...

Will 2019 be a strong year for business buyers and sellers? As the year 2019 churns off to a strong start, those in the business industry may be wondering what this new year will hold for buying or selling a business.  After all, the purchase or sale of a business is often heavily intertwined with...

Why is Texas an attractive place to start a new business?The Dallas Business Journal is reporting that a record number of businesses are leaving California, and many are electing to relocate to Texas.  At least 1,800 California companies are leaving the state in hopes to find a more favorable business climate, which Texas promises....

What new laws have come into effect that should be reflected in my employee handbook?The New Year is a time to make goals and set new standards.  For business owners, the New Year can represent a chance for a fresh start and a time to herald in needed changes.  If you are a business...

What are my funding options if I cannot secure a bank loan?

Your first challenge as a new business owner is often determining how to finance your venture.  Nearly every business will require some sort of capital to start off strong.  To launch your startup, you may need to hire new employees, rent...