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Austin TX Business Law Blog

Monday, March 20, 2017

Passing Your Business On To Your Heirs


What is business succession planning?

Building a successful business will take years of hard work and dedication.  Once you have established your business, it is important that you take steps to protect its legacy.  An unexpected death of the owner or manager of a business could destroy the company if a succession plan is not in place.  With


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Thursday, March 16, 2017

Forming a Partnership in Texas


What are the advantages and disadvantages of a partnership?

Selecting a business structure is one of the most important decisions you can make for your new business.  Your business structure will impact your ability to grow and raise capital, designation of business duties, taxes, and much more.  For business owners with a partner, the most obvious choice for your new business may be a partnership.
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Sunday, February 26, 2017

Lubbock Becomes the Franchise Capital of Texas


What steps should I take if I am considering opening a franchise?

Franchise businesses are booming in Lubbock, Texas and across the state.  In recent years, entrepreneurs have flocked to Lubbock to open a wide array of franchises.  Well known businesses like Dunkin’ Donuts, Panera Bread, Baskin-Robbins, and BurgerFi are experiencing success in the region, despite initial concerns from national franchise corporate owners.  As a smaller city, some franchise owners were reluctant to open locations in Lubbock, but attractive real estate prices and a strong customer base have leant themselves to franchise success.  


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Monday, February 13, 2017

Protecting Your Business Name in Texas


How can I protect my business name through trademark law?

Your business’s name is of critical importance to your company’s success.  Your name identifies your brand and signifies your reputation.  If another company opens a business with a similar name, it could confuse customers and negatively impact your profits.  


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Tuesday, January 31, 2017

Texas Court Rules Employees on FMLA Leave Cannot Receive Unemployment Benefits


How could the Texas appellate court’s ruling impact my company policies?

Texas’s Second Court of Appeals recently examined an issue of first impression—can an employee who is taking leave under the Family and Medical Leave Act (FMLA) obtain unemployment benefits under the Texas Labor Code?  In a favorable holding for employers, the Texas court held that no, an employee cannot simultaneously receive FMLA and unemployment benefits.  The case clarifies an important issue for employers and speaks to the importance of drafting concrete company policies set out in a comprehensive employee handbook.    



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Wednesday, January 18, 2017

Starting Your Own Small Business in Texas


What steps should I take to open my own business in Texas?

So you have decided to open your own small business. Congratulations! You have taken an important step towards obtaining financial security and becoming your own boss, but there are several critical steps you must take to start your business off right.  Review our guide to opening your own small business in Texas and contact our Austin, Texas business startup and formation lawyer at the Kumar Law Firm PLLC when you are ready to get started.


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Friday, December 30, 2016

Texas Celebrates Small Businesses


What challenges might a small business owner in Texas face?

Texas recently celebrated small businesses during Small Business Saturday, an event held on Saturday, November 26.  Texans were encouraged to shop and dine local to support the hard working small business owners in their community.  Small businesses drive the economy in Texas, with over 2.4 million small businesses currently operating in the state.  In fact, small businesses comprise 98.
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Tuesday, December 27, 2016

Michael Jordan Wins International Trademark Dispute


How can I protect my trademark abroad?

Retired NBA all-star Michael Jordan recently prevailed in a long-running trademark dispute in China.  Michael Jordan initially filed suit against Qiaodan Sports Co. in 2012, alleging that the company’s use of the name “Qiaodan” infringed on his right to his own name and violated trademark law.  Qiaodan is Jordan’s name translated in Chinese.  The people of China widely refer to Jordan as Qiaodan.
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Wednesday, November 23, 2016

Hundreds of Texas Business Owners Sign Letter Denouncing Exclusionary Policy


Sensitivity and diversity are two hallmarks of a well-run, properly-managed business. Across the nation, many have denounced policies drafted to exclude certain groups, most notably the recent outcry over transgender bathroom policies. Earlier this year, lawmakers in North Carolina enacted legislation prohibiting transgender individuals from using lavatory facilities congruent with their self-identified gender. In response, many businesses, entertainers and sporting events criticized the policy and vowed to take their talents elsewhere. Now, a similar measure is meandering through the Texas General Assembly, and hundreds of Texas businesses have likewise condemned the policy as exclusionary and unnecessary.


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Tuesday, November 22, 2016

Businesses React to Proposed Ban of Non-Compete Agreements


Non-compete agreements are a hallmark of competitive business practice. Oftentimes, employees learn of valuable trade secrets while on the job, and employers have a keen interest in prevent the dissemination of this proprietary information to their competitors. To accomplish this, employees are often asked to sign non-compete agreements upon hire, which prevent the employee from immediately working at a close competitor within a certain geographic area immediately after quitting or facing termination.
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Tuesday, November 15, 2016

Austin Poised to Double in Size


How could Austin’s growing population impact my future business?

New research by American City Business Journals (ACBJ) suggests that Austin is about to significantly increase its population.  The ACBJ, a parent company of the Austin Business Journal, projects that Austin will grow faster than any other large American city in the next 25 years, doubling its current population.  Right now, Austin is home to about two million people.  It is expected to reach four million by the year 2040.

Austin is one of several cities predicted to skyrocket in coming years.


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