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...
Business Formation
4 factors to consider for a business succession plan
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...
Navigating the business startup stage
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...
Is an LLC business structure right for you?
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,...
5 LLC business steps to help with setup
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...