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When starting a new business, it is wise to take time to create a solid financial plan. This can help to guide you moving forward, and it can inform some of the other decisions that you make. But what should that financial plan include? Below are a few areas to...
Businesses in Texas are required to comply with a wide range of laws to operate legally. Overlooking even one area can lead to penalties, lawsuits or reputational harm. Here are some key compliance issues that business owners should be aware of. Employment laws and...
Real estate transactions often involve numerous stakeholders, from developers and buyers to city planners and legal professionals. In the midst of these complex interactions, administrative accuracy becomes essential. Even minor errors in documentation or oversight...
If you’re looking to start a business, one important thing to do is carry out a market analysis first. It may even be wise to do this before you buy real estate property, because your market analysis will help you determine if your business is viable in that location....
If a loved one made you the beneficiary of a trust, it’s wise to thoroughly review the terms of the trust as soon as you’re able to. Even if you already knew about it, it’s possible that your loved one made changes prior to their death. It’s also important to...
Sometimes a deal sealed with a handshake feels just as solid as one written in ink. Especially in longstanding relationships or small businesses, spoken promises can carry real weight. But when trust falters or circumstances change, those casual agreements may quickly...
Business partners can complement each other's skills and contributions. They share the burdens that come with the development of a new organization and the profits when the company is successful. Those contemplating a new business partnership likely need to negotiate...
When parties enter into a contract, they have an obligation to be truthful. If an individual or someone representing a business fails to disclose relevant information or claims to have qualifications they don’t have, they could be guilty of “fraudulent...
Business planning is important when starting out, and a solid plan can give the business direction. If there are multiple people involved, like two business partners, the plan also ensures that they’re both on the same page. They’re working toward similar goals, and...
The process of settling a deceased person's estate (probate) can be complex under any circumstances, but when businesses are involved, additional challenges can arise. Here are three matters that can complicate probate when it intersects with business interests. 1....