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Austin TX Business Law Blog

Thursday, October 12, 2017

Benefits and Drawbacks of Buying a Franchise

Should I buy a franchise business in Texas?

When it comes to starting your own business, you have numerous options available to you.  Budding entrepreneurs may consider buying a franchise, rather than starting your own concept.  There are several crucial advantages to buying a franchise, but also some limitations of which you should be aware.
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Tuesday, September 26, 2017

Texas Businesses Struggle to Rebuild After Hurricane Harvey


Is financial assistance available to help my business recover after a disaster?

Hurricane Harvey struck the state of Texas on August 25, 2017.  This destructive storm brought over 40 inches of rain to areas in Texas, causing massive flooding.  Hundreds of thousands of homes were flooded in the storm, displacing over 30,000 people.  Businesses across Texas suffered tremendous flooding and loss of business damages.  It is estimated that the costs of Harvey could mount to over $30 billion.


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Saturday, September 23, 2017

Protecting Your Idea or Concept with a Patent


What types of inventions can be patented?

Many businesses rely on a unique process or concept to achieve success.  Without legal protection, your novel idea is at risk of being copied or stolen.  Thankfully, some small business owners can protect their inventions by filing for a patent.  Patent law is complex and not every idea will qualify for legal protections.  Read more . . .


Friday, August 25, 2017

Forming a Corporation for Your New Texas Business


How do I form a corporation in Texas?

Selecting a business entity for your new venture is a critical step.  While there are several potential business structures to choose from, corporations have long been one of the most popular business entities.  If you have determined that a corporation is the right business structure for your business, you will now need to take the appropriate steps to form your corporation.  Our Read more . . .


Sunday, August 20, 2017

Selecting a Registered Agent for Your Texas Business


What is a registered agent?

You’ve taken the first steps towards starting your new business by selecting a business entity, but now you need to choose a registered agent for your business.  Naming a registered agent may seem like a formality, but it can have important implications for your business in the future.  As such, it is imperative that you understand the role of a registered agent and what you should know before choosing your agent.
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Sunday, July 23, 2017

Knowing How to Sell Your Small Business in Texas


How do I get my business ready for sale?

Selling your business can be just as complex as developing it.  If you are considering selling your small business in Texas, it is important that you understand the sales process, how to prepare for the sale, and how you will exit your business.  Selling your business when the market is high can bring you tremendous financial reward, but the sale needs to be carefully conducted so as to ensure you receive a fair sales price.  Our


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Sunday, July 16, 2017

Texas Businesses Form Coalition to Protect Trade Between U.S. and Mexico


How might Texas business owners be affected by the renegotiation of NAFTA?

As the United States and Mexico seek to renegotiate the North American Free Trade Agreement (NAFTA), Texas business owners are taking their own steps to ensure trade between the U.S. and Texas remains strong. Several of Texas’ large business associations have formed a coalition aimed at protecting trade between the U.S.


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Thursday, June 22, 2017

Texas Ranked One of Best States for Business


What makes Texas an attractive place to open a small business?

For the third straight year in a row, Texas has topped the rankings as the best place for business, according to the Chief Executive magazine’s Best and Worst States for Business survey.  The rankings reflect the opinion of CEOs, which are a driving force behind the location of businesses.  The most recent rankings place Texas in the number one spot, with Florida and North Carolina next in line.  The worst states include California, New York, Illinois, and New Jersey.  Our


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Tuesday, June 13, 2017

Should You Franchise Your Business?


What are the potential benefits of franchising my business?

The franchise business model has become one of the most effective ways to grow and develop a brand.  Entrepreneurs today are often faced with the question of whether they should franchise their business once they have achieved success at a local or national level.  Our Austin, Texas franchise law attorneys present some of the reasons why the franchise model may be right for you.


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Tuesday, May 30, 2017

Protecting Your Business’ Trade Secrets


How can I prevent my employees from revealing my trade secrets?

Your trade secrets are often invaluable to the success of your business.  Trade secrets can consist of processes, designs, formulas, practices, or patterns that are not widely known and cannot be easily ascertained.  No matter the size of your business, you likely have valuable trade secrets.  Examples of trade secrets could include customer lists, technological innovations, secret recipes, and supplier lists.  With high employee turnover rates nationwide, it is critical that you as an employer take steps to protect your


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Monday, May 22, 2017

Small Business Owners: Be Sure You Understand These Four Laws


What employment laws should I be aware of as a small business owner in Texas?

Small business owners in Texas face numerous challenges.  In addition to attracting customers, fine-tuning their product, and driving profits, small business owners need to make sure they abide by several important federal and state laws.  Employee laws impact what employees must be paid, how long they can work, and much more.  Our


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