Innovative Legal Solutions For Businesses Across Texas
In the dynamic and competitive landscape of entrepreneurship, business dissolution can be a challenging reality that company owners may end up facing at some point. The journey of running a business is not without its obstacles, and understanding the common reasons...
If you run a small business, you might think that trade secrets are only for big corporations or high-tech startups. The truth is that trade secrets can be any type of information that gives you a competitive edge and that you take reasonable steps to keep secret....
A business contract is legally binding. If you don't fulfill your obligations under a contract, you may be on the hook for a lot of money -- so much money that it could seriously damage your business. A wise business leader will seek to avoid that problem by having...
A Texas business can often benefit by expanding its leadership by bringing on a new partner. This can be useful in myriad ways. New partners can bring capital, expertise, a customer base and fresh ideas. However, there are risks with changing a business dynamic. It is...
In today’s competitive business landscape, protecting intellectual property is crucial for companies of all sizes. Two commonly misunderstood forms of intellectual property are trade secrets and trademarks. While they both help provide legal protection, they serve...
Many laws govern how firms transact business in Texas. The Deceptive Trade Practice Act is a business and commercial law that can have consequences for businesses in this state. What the DTPA does The DTPA is a wide-ranging consumer law that allows consumers to sue...
Creating a formal business entity is a very involved process. People invest a lot of time, money and consideration into the creation of a business plan. They then generally choose a business structure, file paperwork with the state and start preparing to operate their...
Dissolution is often the final stage in a business's life cycle. The owner or entrepreneur in charge of the organization files paperwork with the state to officially end the company. They will sell off or liquidate remaining business assets and cease doing business...
While every part of a business can play a role in its success, business owners may wish to hide certain parts from the public. The term trade secret often applies to components of a business’s operation that are lucrative and need to remain protected from the public...
Unlike a marriage, a business partnership doesn't involve making vows about working together until death do you part, but that is an implied part of an agreement in many cases. Business partners may negotiate certain terms for a buyout in their contract with one...