Texas business owners have numerous stakeholders that include their employees and investors. When people depend on you for their job and livelihood, you owe it to them to put succession planning in place. Otherwise, your stakeholders could be left scrambling if...
If you have a contract with another party in Texas and you have reason to believe that party will breach the contract, it is not always necessary to wait until the breach occurs to take action. You can file a lawsuit for an anticipatory breach of contract in some...
It's great when things are going well with your Texas business partner. But, what happens when you don't agree on something? Fortunately, you can prepare yourself for this situation by learning how to resolve three common business partner disputes. Arguing about money...
When you're in the beginning stages of your startup company in Texas, you're likely aware of the risks involved. If you want a successful startup company, it's important to start with a solid plan by writing a business plan, which should include your short-term and...
Young and aspiring entrepreneurs in Texas often make the leap from working for others to working for themselves. While this can be the thrill of a lifetime, staying confident in yourself and learning from others is key to your success. The following covers a few tips...
7-Eleven Inc. has agreed to terms with Marathon Petroleum Corp. that would allow 7-Eleven to add Speedway LLC to its holdings. The deal effectively combines the largest and third-largest convenience store chains in the country. Texas is one of 35 states that is home...
Many Texas small businesses have received funds from the federal government pursuant to the Paycheck Protection Program. It is important that business owners understand the rules governing this program and when they can receive loan forgiveness. Recently, Congress...
Choosing the appropriate business structure for a new commercial venture is one of the most important decisions that entrepreneurs in Texas and around the country make. Forming a sole proprietorship is the quickest and easiest way to get a new business up and running,...
If you are looking to limit your liability as a business owner, it may be best to look into organizing your organization as a limited liability company (LLC). Texas law allows companies to use the LLC structure, and the same is true in most other states in the...
The good news just keeps on coming for Texas commercial entrepreneurs and established business principals.And it is preceded by myriad ongoing reports underscoring the state’s seemingly bullet-proof economy and continuous expansion across multiple growth...
