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Austin TX Business Law Blog

Thursday, August 20, 2020

SBA Emergency Aid Available to Businesses Impacted by COVID-19


The rapid spread of the COVID-19 virus across the globe has had tragic impacts on people for a number of reasons. The health and well-being of people is at risk in these unprecedented times. To slow the spread of the pandemic, the U.S. has made sweeping changes such as shelter in place orders and temporary closures of businesses.
Read more . . .


Monday, August 17, 2020

What Is a Joint Venture?


As a business owner, you may have come up with a great idea to expand or generate more revenue. Sometimes, however, you may have limited resources that prevent you from pursuing these types of ventures. If this is the case, you may want to consider a joint venture.
Read more . . .


Thursday, July 23, 2020

Business Buying Pitfalls to Avoid


Becoming a business owner is an exciting endeavor. Some look to build a business from the ground up. The startup phase is particularly grueling. Should you want to become a business owner, but bypass the startup phase, you may want to consider buying an already existing business. Just remember, however, that passing over the startup phase does not mean that you have little work ahead of you.
Read more . . .


Monday, July 20, 2020

What to Do If You Have a New Business Idea


You can up with an exciting new business idea! Now what? Do not let this burst of inspiration fizzle out. There are steps you can take to turn your business idea into a reality. It will require doing your due diligence. It will also require accessing business resources and building your community as you begin the journey of Read more . . .


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.
Read more . . .


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.
Read more . . .


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.
Read more . . .


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.
Read more . . .


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.
Read more . . .


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.
Read more . . .


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