Payment delays, non-payment and other types of issues can trigger legal problems for Texas business owners and their vendors. This is an area where the old saying “an ounce of prevention is worth a pound of cure” is especially relevant. There are several things you...
In the early phases of development of a Texas business, you’ll make many decisions, such as what to call your company, what products or services you’ll provide and how many employees (if any) you will hire. You’ll also want to determine which business structure best...
Texas is a big state, so there’s always room for new business. If you’re like many people who are looking ahead to a new year and making plans to change careers or to find ways to generate additional income, you might be dreaming of launching your own corporation....
Perhaps you are among those in Texas who have had a dream since childhood and are finally at a point in life when they can make it a reality. Then again, maybe you’ve only recently begun to think about starting your own company. Either way, the more you know about the...
If you’re thinking of joining the ranks of Texas business owners, you will first want to review state and federal laws that govern privately owned companies. A primary issue is taxes. Another is liability. When you register your company, it’s important to choose the...
After working for years to acquire wealth and establish a strong presence in your chosen industry, it might be time for you to think about retirement or to consider that you may not always be here or be able to stay at the helm of your ship. You love your business. It...
You might recall people assigning labels to you since childhood, such as “Dreamer” or“Little Entrepreneur.” You may have rocked your piggy bank with revenue from your lemonade stands, backyard carnivals and grass-mowing jobs throughout elementary school and high...
As you prepare to enter the ranks of Texas business owners, you’re no doubt working to smooth out many details during the startup phase of your company. One of the top priorities during this phase is to choose a business structure, which has multiple implications,...
If you’re thinking about starting a business in Texas, it’s an exciting time in your life. So much goes on in the startup phase. It can be rewarding to accomplish your goals, yet stressful, as well. Building a strong network of support from the start is the best way...