In any creative business environment, opportunities abound -- but not all of them may align with your company’s current direction and goals. Some of the ideas or opportunities that come your way may even be a bit risky. That’s where a spinout can be helpful. Rather...
Business partnerships are often compared to marriages because when they are good they work very well. But when they self-destruct, just as in a marriage, the fallout can be devastating. If you are contemplating entering into a business partnership, please consider...
New business owners in Beaumont and other parts of Texas may want to learn more about how a limited liability company can go about raising funds. There are some differences between what an LLC may do compared to a large corporation, and the sources of capital are...
There are many great reasons to form a new business in Texas, but first, it's a good idea to understand what type of company you want to create. Two popular options are to form an LLC or a corporation. To help you learn the best option for your new business, here are...
When it comes to business formation, you have many critical decisions to make. Early in the process of creating your business, it is wise to think about how to structure your new company. You can choose from several options such as a sole proprietorship, an S...
Houston residents who are eager to open their own businesses must do their homework to determine the most advantageous organizational structures to fit their circumstances. In most cases, that will be some type of incorporation. Common options are “C” corps and “S”...
Entrepreneurship is at the heart of the American dream. One could argue that the dream of starting your own business and being your own boss is at the very foundation of American society. For Texas residents who want to start their own business, there are several...
Starting a company in Texas can be challenging at any time, but you may face a greater number of obstacles if you choose to do so when economic conditions are relatively weak. However, with adequate planning, it may be possible to overcome those hurdles. It may be...
When someone passes away in Texas, their will may come under a lot of scrutiny. The will is a legal document that determines who gets the deceased's assets, property and anything else of value. When things go smoothly and everything is spelled out properly, the will...
When it comes to choosing a type of business entity for operations in Texas, the question often comes down to a corporation or a limited liability company. The choice between the two forms depends on the type of business being created, potential tax consequences and...
