Common Business Disputes
Owning and operating a business is taxing. There is always something to do and there are always things on that seemingly never ending to-do list that keeping getting pushed to the next day or the day after and so on and so forth. This means that even when everything is going smoothly for your...
Dissolving a Corporation
As a legal entity, a corporation will exist indefinitely unless steps are taken to formally end its existence. The corporation must be dissolved. Without going through the formal dissolution process, the corporation will continue to exist as a legal entity which comes with reporting requirements and other obligations. If you are looking to...
Top Challenges Faced By Business Start-Ups
There is no way around it, starting a new business is tough. It does, however, come with big potential rewards. You have the opportunity to be your own boss and build something from the ground up. Business start-up leaders pour their hearts, souls, time, and money into these ventures and the payoffs can be...
Enforceability of Non-Compete Agreements in Texas
A non-compete agreement is a restrictive covenant that is often included in certain employment agreements. The non-compete agreement looks to put restrictions on an employee’s activities once the employment relationship has ended. While non-compete agreements can serve legitimate business interests, many states are highly sensitive to them as they are suspicious of any restriction...
How to Move Your LLC to Texas
Texas is one of the most business-friendly states and offers a number of cities where the cost of living is lower than in other parts of the country. As such, small and mid-sized businesses have been flocking to the state. With these benefits and no state income tax, many are realizing that the...
The Costs of a Cyber Security Breach of your Business
Using the digital space for one reason or another is becoming an essential part of more and more businesses every day. Everything from business accounts to personal data is stored digitally. Unfortunately, personal data is held at a premium and worth seeking to exploit by many. With many out there looking to poach private...
Pre-Incorporation Agreements and Why They are Significant
There are a lot of legal documents that can be used in a business, but are not necessarily mandatory. Nonetheless, they can be critical to streamlining operations, protecting business interests, and promoting a successful future for the business as a whole. One such legal document is a pre-incorporation agreement. As one of the most...
Do You Need to Have a Buy-Sell Agreement in Place?
There are many business legal tools and agreements that may not be required, but can still be critical to the longevity of your business. A buy-sell agreement is one such item. A buy-sell agreement can protect business partners in the event that there is an impending change in leadership, like when one partner passes...
How to Prove a Material Breach of a Business Contract
Contracts are an integral and unavoidable part of doing business. As such, it is critical that business owners have at least a basic understanding of what goes into creating a strong business contract and what can happen when a contractual relationship does not work out. For example, knowing about what constitutes a material breach...
When Is It Time to Close Your Business?
As a business owner, you have likely held competing feelings about your business at some point or another. You may be proud of what you have built, but defeated by your setbacks. You may be excited about new ideas, but frustrated by how long it is taking to reach your goals. At one...