2020 and 2021 have not been kind years financially to many in Texas. Some people in Texas were furloughed for months only to be brought back to work at reduced wages, if they were able to return to the workplace at all. Some people were simply laid off through no...
When you are starting a small business, you have a lot on your mind. Choosing a legal business structure may not be at the top of your to-do list. But choosing the right structure for your needs can help your business grow and thrive. Choosing the wrong one can, in...
Driving long distances is a big part of Texas life. According to the Texas Department of Transportation, Texans drove 293,352,000,000 miles in 2020, an increase of 1.75% over the previous year. Unfortunately, along with this increase in miles traveled came a worrying...
Many organizations use a vendor’s services to support their business goals. It is important for the business to have a contract in place with the vendor that addresses the terms of service, the costs involved and the length of time the vendor will provide the service....
You may have heard the saying that all good things come to an end. Business partnerships are no exception to the rule. What started out as a great idea between friends, may not have turned out how you expected, even if the business itself is thriving. In such cases,...
Texas is home to many aspiring entrepreneurs, but not all of them succeed. Some run into financial difficulty because their business plan was faulty, others experience unexpected market setbacks, and others may be the victims of bad luck. Bankruptcy is a common...
Many entrepreneurs consider starting up a business in state because of Texas’ significant tax benefits, lower land costs, and fewer-land use restrictions. It promotes an environment conducive to the growth of small businesses. Running a business can be a life-long...
If the past year has taught us anything, it is evident that the unexpected can occur despite one’s careful preparation and planning. This has created new thoughts and conversations for those in Texas and elsewhere when it comes to estate planning and preparing for...
As a Texas business owner, you may spend the first few months or even years of your business venture getting your business fully operational. However, as you get your business of the ground and start to establish yourself in the marketplace, you may find that...
While an estate plan focuses on one’s assets and wishes when it comes to the distribution of their property after their death, the administration of an estate also focuses on the debts that a person leaves behind. Thus, it is important to consider this factor when...