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Is a team member jeopardizing your startup?

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...

Do your children want the family business?

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....

Does your company need investment capital?

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...

Why do most business partnerships fail?

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...

Negotiating a partnership agreement

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...

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