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...
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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...
What to consider before selling a business
For business owners, there usually comes a time when selling becomes sensible. The motivation could be retirement, a desire to work in a different field, or pure profit. Either way, the transaction needs proper consideration. There are many moving parts when putting a...
What constitutes a breach of contract?
A business contract is the written agreement between parties to memorialize what they will do for each other. A breach occurs when one side does not fulfill the respective terms and conditions. A breach of contract means one party has broken the agreement. Not all...
What permits does your online business need?
You have everything ready to get your online business up and running. You created a product or service, designed a fantastic website and have excellent social media marketing skills. You are ready to start making money from home. Or are you? Before you begin, there...