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Austin TX Business Law Blog
Monday, October 15, 2018
Is alternative dispute resolution the right method to resolve my business dispute?Business owners will often eventually find themselves involved in some form of dispute with a business partner, an employee, vendor, customer, contractor, or others. Business disputes can be stressful and potentially involve high stakes. For the busy small business owner, litigating a dispute at trial is rarely the ideal method of resolution. Instead, most business disputes are resolved through some form of alternative to ligation, with the most popular options being mediation and arbitration. At times, one method will be required per the contract governing the dispute. Our Austin, Texas ADR business lawyers explore the basics of alternative dispute resolution and how you can find the ideal method to end your dispute below. Read more . . .
Saturday, September 29, 2018
What makes Austin an ideal city for startup businesses?The Austin Business Journal recently released its list of the fastest growing companies in the city. Companies were divided into two categories, one for companies with annual revenues of less than $10 million and another for companies bringing in over $10 million a year. These winners represent the high growth atmosphere of industries within Austin and the state of Texas. Our Austin, Texas business startup attorneys explore some award winning companies in the area and discuss why Austin may be the perfect place for your new business. Read more . . .
Tuesday, September 11, 2018
How long does it usually take to find the right business to purchase?Buying a business is a big decision. The purchase of a business will involve a significant outlay of capital and time. With so much at stake, you want to make sure you select the right business which will earn a return on your investment and achieve success in the long run. Anyone starting out in the business buying process will want to avoid making the mistakes discussed below. Read more . . .
Wednesday, August 15, 2018
How can I ensure a potential investor does not steal my idea?If you’ve developed a great concept, you may now be considering raising capital or bringing in partners. An investor or a business partner may prove vital in bringing your concept from an idea to a fully executed business. However, pitching your novel idea to anyone else without first taking steps to protect it could lead to idea theft. Read more . . .
Friday, August 3, 2018
How can I take my franchise to an international level?In today’s global economy, it seems natural that some successful American franchisors will want to explore the possibility of expanding their franchise overseas. The United States is home to many of the most popular brands in the world, and American franchises often find considerable success when they open stores internationally. Going global does come with challenges and risks, however, that any franchisor will want to carefully weigh before they start exploring the international market. Read more . . .
Thursday, July 12, 2018
What are the steps to starting a successful new business?Wallet Hub recently released its list of the best states to launch and grow a business. Once again, Texas came in as number one. The study compared 25 key business indicators across 50 states. Factors considered include the business environment, business cost, and access to resources, among others. Texas ranked high in several categories, taking the lead in the business environment. Read more . . .
Friday, July 6, 2018
What are the penalties for theft of trade secrets?One current employee and five former employees of Fitbit, Inc. have been charged by U.S. prosecutors for theft of trade secrets. The indictment alleges that the six Fitbit employees received stolen trade secrets when they left their employment at rival company Jawbone. Read more . . .
Monday, June 11, 2018
Why is it so important to protect my business’ intellectual property rights?Intellectual property law is an ever evolving field of law. Since the advent of the internet, a plethora of new intellectual property cases have emerged to define and guide businesses on and off the web. Our Austin, Texas intellectual property law lawyers explore some of the biggest intellectual property lawsuits in recent history below. Read more . . .
Tuesday, June 5, 2018
How do I end a business partnership?Business partnerships can fail for many reasons. Perhaps you and your partner no longer agree on the direction of the business or personal problems are affecting your partner’s work ethics. No matter what the reason for the business strife, there are ways to dissolve a partnership in a pain free manner. Our Read more . . .
Friday, May 18, 2018
How has the new tax code altered business taxes?The business world is abuzz with talk of how the new tax code may impact numerous critical aspects of a business’ taxes. Selecting a business entity for your new business has long been a critical decision for business owners. Your business entity will determine how you are taxed, as well as vital issues of liability and control over the business. Due to the tremendous impact of your entity choice on your taxes, it is possible that the new tax code could alter the entity choice of some new business owners. Our Read more . . .
Thursday, May 10, 2018
Does Austin’s sick leave law violate the Texas Minimum Wage Act?Recently, Austin passed a new ordinance that would require most private businesses in the city to provide employees with 64 hours of paid sick leave. The law is slated to start on October 1st, but now it is facing a legal challenge from a coalition of Texas businesses. The group seeks to overturn the bill by claiming it violates the state’s minimum wage act. Our Read more . . .
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