Business Law

Saturday, August 28, 2021

Benefits of ADR in Business Disputes

Let’s face it, every business is likely to encounter some kind of dispute at one point or another. Competing management styles, difficult team dynamics, and other things can mean big headaches for a company even if it is otherwise thriving. Because of this, it can be important to have a plan in place to help address issues before they become out of control and jeopardize the wellbeing of the business.
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Thursday, July 22, 2021

How Do You Apply for Paycheck Protection Program (PPP) Loan Forgiveness?

During the Covid-19 pandemic, there were several programs available through the Small Business Administration to help businesses that were struggling. One such program was the Paycheck Protection Program (PPP). Now, some of those loans may be coming due and you may be wondering whether you can apply for PPP loan forgiveness and how you can do so. One of the main attractions of the PPP loan is, after all, that it may be forgiven in full. Once forgiven, the loan becomes a kind of grant as opposed to a loan that needs to be repaid.
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Saturday, June 26, 2021

What Questions Should I Ask a Lawyer When Starting a Business?

Before you start your own business, it can be critical to get your ducks in a row, so to speak. While entrepreneurs set out to navigate the exciting start of a new venture, guidance is key. Meet with a business lawyer and discuss your business details.
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Thursday, May 27, 2021

Are Non-Compete Agreements in Texas Enforceable?x

The State of Texas will generally frown upon contracts and other business arrangements that restrict employees from changing jobs as they see fit. Free enterprise is big in Texas and the state approaches any potential restrictions on trade or commerce with great trepidation. In fact, the Texas Free Enterprise and Antitrust Act of 1983 deems unlawful any contract or agreement that restrains trade or commerce, with certain exceptions being made.
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Monday, May 24, 2021

How to Conduct Due Diligence Before Buying a Business

Buying a business can mark the start of an exciting entrepreneurial adventure. It can also mark the start of a disaster waiting to happen if you do not do your due diligence in fully investigating the business you are purchasing. Without putting the work in and reviewing the business details closely, you risk falling into a money pit that may be more stress than it is worth. Here, we will discuss how to protect yourself and your business venture by conducting due diligence prior to buying a business.

How to Conduct Due Diligence Before Buying a Business

Due diligence is, essentially, the process in which the buyer verifies information about the business up for purchase.

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Friday, April 30, 2021

The Dangers of DIY Legal Resources

It seems that more and more websites are touting the ease and cost savings of DIY legal resources. Proclamations of setting up your own business without the legal feels fill the internet. Avoiding the need to retain an attorney and do things on your own are pushed toward the masses.
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Thursday, March 25, 2021

What Role Do Stakeholders Play in a Company?

A stakeholder is considered to be any person who has an interest in a company. This means that the term “stakeholder” is actually quite general. Think about who could have an interest in a company. An employee, a supplier, a partner, and others could be considered stakeholders. Furthermore, a stakeholder could be an investor in a company.
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Monday, February 22, 2021

Does My Business Need a Separate Tax Identification Number?

There are many considerations when you make the big decision to set up a business. It may be difficult to even know where to begin. There are, however, certain logistics and formalities that will need to be observed in order for you to be able to successfully navigate these new waters and establish your business.
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Thursday, January 28, 2021

What to Look for in a Property Agreement

In business, you will likely deal with one or more different types of property agreements. You may lease space for your business. You may buy space for your business.
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Monday, January 25, 2021

How to Start the New Year Right for Your Business

While it may have felt like 2021 would never arrive, here it is! The new year is upon us and it is the perfect time to really reflect on your business. Take the time and make a concerted effort to think about where you want your business to go and how you are going to get there. When you have a small business, it can feel like there is never enough time to accomplish day-to-day tasks let alone plan for the future of your business, but this is also an integral part of helping to ensure the continued success of your business.
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Friday, December 18, 2020

What Exactly Is Business Law?

Have you ever heard of “business law?” Have you ever wondered what it means? While business law may seem self-explanatory (it’s the law of business, right?), it is an extremely complex area of law that touches on several other areas of law. Here, we will go into more detail about what business law is and what it entails.

What Exactly Is Business Law?

Business law is indeed the law of business and the law of doing business.
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