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Austin TX Business Law Blog

Thursday, June 25, 2020

What Are the Benefits of Alternative Dispute Resolution?


Not all business disputes need to head straight to the courtroom for things to be resolved. In fact, there are a variety of other ways to resolve points of contention in your business dealings without having a full-blown trial. Parties to a business dispute may employ alternative dispute resolution (ADR) techniques in lieu of litigation to reach a mutually acceptable agreement.
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Monday, June 22, 2020

What Voids a Non-Compete Agreement?


In its most basic sense, a non-compete agreement is a legal contract put in place to prevent an employee from going to work for a competitor of his or her employer after leaving the business. Alternatively, and more formally, referred to as a covenant not to compete, this legal contract works as a barricade from an employee going to work for a competitor that is identified in the agreement either by name or description for a set amount of time and within a certain geographical area. Depending on the industry, employers requesting employees to sign a non-compete agreement is fairly common practice.
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Monday, May 18, 2020

What Does the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provide for Small Businesses?


In the midst of the Coronavirus pandemic, stay-at-home orders and the closure of non-essential businesses are just a few of the measures that have been passed in an effort to protect the well-being of everyone. These same protective measures have, however, had staggering impacts on small businesses across the country. Closures and layoffs have happened in rapid succession. To try and boost Read more . . .


Friday, May 15, 2020

Can I Get a Small Business Loan Under the Coronavirus Stimulus Plan?


In the midst of the Coronavirus pandemic, the U.S. has experienced a severe economic downturn that has hit communities and businesses hard across the country. Stay-at-home orders and social distancing guidelines have forced many small businesses to close their doors temporarily and, in some cases, permanently. There have been employee layoffs.
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Friday, April 17, 2020

What to Look for When You Are Buying a Business


Looking to buy an existing business is an exciting entrepreneurial adventure. Do not, however, let your excitement cloud your judgment or make you rush through this process. Buying a business is an investment.
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Tuesday, April 14, 2020

What Should Be Included in a Service Contract?


Whether you are a service provider or a business hiring a service provider, you should be knowledgeable about what is in the proposed service contract. The service contract outlines the business relationship being established. It benefits both parties to be fully informed about what the service contract should include.
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Monday, March 30, 2020

What to Do Before Selling Your Business


Building a business is something to be proud of. You have likely poured time, money, and resources into your business. When the time comes to sell your business, you will want to do what you can to maximize its value and also to protect yourself. This requires advance preparation.

What to Do Before Selling Your Business

It is often difficult for a business owner to be impartial in evaluating his or her own interest.
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Thursday, March 12, 2020

Things to Consider Before Buying A Franchise


Buying a franchise can be a great opportunity. Entrepreneurs can shop around and see what type of franchise seems to be the right fit for them. With the right franchise, you can become a part of an already successful business set up with a pathway to profit that is shorter than starting a business from the ground up. Read more . . .


Thursday, February 13, 2020

What Businesses Need to Know About Texas' Updates to Breach Notification Law


The new year is officially in full swing and with that means more new laws coming into effect. One such law is HB 4390, which was signed into law by the Texas governor in June of 2019 and went into effect starting on January 1, 2020.
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Monday, February 10, 2020

Common Problems Start-Ups Face


Starting a business is a substantial undertaking and one that is very exciting. There are so many businesses that develop each year. Many of them have big dreams and great ideas. Unfortunately, many Read more . . .


Thursday, January 16, 2020

Tips for Negotiating a Business Contract


While there is a wide range of business agreements that come into play when you are an entrepreneur, a business agreement often requires at least some negotiation in order to be finalized. This means you and the other party or parties to the agreement will have to work out all of the details of the contract or agreement in a way that is amenable to all involved. Concessions will usually need to be made.

Business agreements can have important consequences for a business and negotiations of these agreements should be approached with great care. Here are some tips to help ensure you successfully come out the other side of


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