Category: Uncategorized

Can the state require a business owner to take classes and buy equipment unrelated to the business?

The entrepreneurial spirit is usually celebrated, but one woman in Texas found nothing but obstacles in her way when trying to open a school to teach hair braiding. The Texas Department of Licensing and Regulation informed the...

Is a franchise right for you?

There are many ways to start a business, including buying a franchise. No matter which path you take for your start up, there  are advantages, disadvantages and legal challenges associated with each.

The person buying a franchise is called a franchisee. That person pays a certain amount...

What rights do minority shareholders have when in dispute with majority shareholders? When starting a business you need to think about what form that business should take. One option is a corporation. You see yourself as the majority shareholder, with others, possibly investors, getting minority shares. What are the limits to the power of majority...

For some, owning a business is a lifelong dream.  While starting a business from the ground up can be difficult, buying an existing business can make this goal much more attainable.  Purchasing a business is a serious matter which should not be taken lightly.  It is important to do the appropriate...

The State of Texas is taking another step in the right direction when it comes to small businesses.  The state is expanding the mechanisms that a business startup can use to raise money.  

Texas laws currently limit private investments in business.  To comply with Texas law, contributions from venture capital and angel funds must...

While starting your own business can be one of the greatest things you ever do, it does not come without risk.  Risk can come in many forms including disaster, debt and legal liability. Successful business owners are cognizant of the risks involved in owning and operating their venture and must manage these risks at...

There is a new movement among Americans- people are earning a living from food made in their home kitchens.  Bakers, canners and gardeners are starting their own businesses and selling their cottage foods to consumers.

Texas has recently passed and reformed the Cottage Food Law legalizing this activity in the Lone Star...

You want to go into business for yourself.  You have developed a business plan, secured the necessary funds and are ready to invest in formation and get your business off the ground.  The first thing you need to do is decide how your business will be organized.  There are many different types of structures...

You have a great idea and you want to start a business, or you have a thriving business and are looking to expand. Either way, you need money.  Most new companies get the funds they need to get off the ground though venture capital.  Venture capital is an investment in a new business or...

According to a recent study by Expert Market, business is no longer completely a man’s world.  The number of female entrepreneurs and female-owned businesses in the United States has increased exponentially over the last 20 years. From 1997 to 2014, almost 4 million of these businesses have popped up.  These ventures...