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You’ve just launched your new business, so you’re learning as you move along. Your product is great, you have a solid customer base and the prospective numbers are looking good.  Unfortunately, there’s one thing that seems to be getting in the way. One of your...

As a business owner, it has always been your hope that you could pass the business on to one of your children. You view it as an asset for them, but you also view it as a sort of legacy. You've created this business for them and you want them to benefit from it....

It may feel comfortable to work with someone who is very similar to you. When you're looking for a business partner, you might seek someone out that has similar skills and a similar vision for the company. On one hand, it is important that you get along with this...

Complying with the law is very important for your business. It could save you a lot, and in some instances, the survival of your business pegs on your compliance with the law. It may seem a no-brainer to meet your legal obligations, but some companies fail to do so...

When setting up a business for the first time, one of your crucial decision will be what form to register under. It is easy to dismiss limited liability companies (LLC) as overkill for your needs. Yet, there is a reason that so many experienced entrepreneurs use LLCs....

Are you about to negotiate an agreement with your prospective partner? Residents of Texas may want to learn more about what to include in a written partnership agreement when starting a business. Done correctly, a business partnership can be a successful and lucrative...

It's not uncommon for new businesses to seek investment capital. However, it's possible that your Texas company may be able to survive without the help of an outside investor. There are many variables that you will need to consider before deciding if your firm needs...

Business partnerships are a very common way for two people to start a new company in Texas and share the risks that come along with doing so. Unfortunately, about 70% of all partnerships that are started end up failing. By understanding the reasoning behind these...

Many people in Texas set up small businesses with their close friends or family. Although your partner is your family member or closest friend, you still need to negotiate an official partnership agreement with them. A partnership agreement is a legal document written...