When starting a business, protecting intellectual property (IP) is essential to ensuring success. IP includes logos, inventions, trade secrets, and more. Taking steps to secure these assets early can help prevent competitors from stealing ideas or using proprietary...
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Can you get out of a bad business contract?
When business deals sour, it's natural to seek an exit strategy. In Texas, navigating the legal landscape of contract disputes requires careful consideration of state laws and contractual obligations. Understanding contractual obligations Before charting your course...
Arranging the sale of a business
When it comes to selling a business, there are several important steps to consider to ensure a smooth transaction and favorable outcome. As a seller, thorough preparation and attention to detail are key to a successful deal. Preparation and valuation Before listing...
Simple ways to ensure your business partnership is successful
Ensuring your small business partnership is strong is often key to achieving long-term success. Whether you are a seasoned entrepreneur or just starting out, it is important to foster constructive collaborations. Start by tapping these valuable tips to help you...
Should you form an LLC?
According to the U.S. Census Bureau, in August 2023, 466,163 businesses filed applications in Texas. The state has a lot to offer new companies, which accounts for the many applications. When you decide to take that step and open your business, before filing an...
How to start a company in Texas
Whether you are intent on disrupting the tech industry or dream of making pastries next to a bookshop, starting a business can be an exciting and rewarding venture. It is especially important to understand the process of forming a company in the Lone Star State....
Common blind spots in business contracts that spell trouble
Building a business is an exciting adventure. Doing so is often the realization of a long-held dream. Even better, the sky is the limit for potential profit. Problems often arise if a company does not start with a solid foundation. Contracts help set the stage for...
3 keys to successful contract negotiation
Business contracts require planning and a firm hold on your goals, the risks and much more. When it comes time to negotiate, even the best contract may fall short. Although a bad negotiation may not make it on the list of negotiation failures, it still affects your...
Common pitfalls of using an online incorporation service
Many budding entrepreneurs opt to incorporate their businesses and obtain important legal documents through convenient online services. While these options may be quick and affordable, you might stumble into some significant pitfalls if you choose this method. Whether...
What do I do if I signed a bad contract?
Someone you know and trust wants you to go into business together. You sign a contract and then later discover your friend was dishonest. You signed a bad contract. What can you do? If you are trying to get out of a bad contract, you need to know if a court of law can...