Category: Uncategorized

As a small business owner, am I required to maintain a workers’ compensation policy?
Historically, maintaining a workers’ compensation policy has been a mandatory line item on the checklist of business ownership. However, the growing trend within Texas – and nearby Oklahoma – is to allow business owners the option to opt out of...

What sort of backlash could a business face amid allegations of unfair price schemes?

When it comes to running a small business, choosing a price scheme that both drives the profit margin and attracts customers can be tricky. On the one hand, a business wants to be competitive in the market...

Is Texas a good place to start a business?

When we think of new business startups, our minds wander to places like New York City, Los Angeles and Silicon Valley. While these are great places for entrepreneurs to get started, are they any better than the state of Texas? Billionaire Mark...

What are the benefits of incorporating my small business in Texas versus other states?

When starting a business, one of the first steps to consider is where to incorporate? Legally speaking, deciding where to incorporate is one of the most pivotal decisions an entrepreneur can make, as the company will...

Which new laws on the Texas Books will impact my small business this year?

Each year, the Texas legislatures considers, passes and enacts hundreds of new statutes. Some are relatively minor amendments; others involve sweeping reforms with major legal impact.

For the small business owner in Texas, the most recent enactments – which...

Can my employer prevent me from changing jobs to work with a competitor? Non-compete clauses are an extremely common component to the hiring process, and are used to prevent employees from leaving one company to work at a competitor, presumably taking clientele along in the process. In general, a non-compete agreement is enforceable if...

What should we be considering as we plan to open a new restaurant in Texas?

Restaurant start-ups are a hot industry right now, and entrepreneurs are too often mired in the details of menu and décor to consider the legal ramifications of embarking on their new venture. Fortunately, The Kumar...

Is it true that some areas are beginning to “tax” the Internet? Believe it or not, a concept known as the “cloud tax” may be on the horizon, since the city of Chicago recently enacted a surcharge to tack on an additional nine percent fee to the cost of streaming videos via...

Did Texas enact any recent changes to its tax laws, particularly with regard to small businesses? 
As of July 1, 2014, House Bill 3150 became law thanks to the concerted lobbying efforts of small business advocates and businesses known as Professional Employer Organizations (PEO’s). The bill, which ultimately resulted in a slight...

What are the limitations on private equity funding, and how does this impact start-ups in need of capital? 

Start-ups are the cornerstone of American industry, particularly within the booming technology sector. As a business just starting out, one of the most difficult aspects of growth and development is finding the necessary capital and liquidity...