How to Franchise Your Business

How to Franchise Your Business So you decided to franchise your business? What exactly do you do next? Before you jump into hiring a franchising consultant and franchising attorney you will need to understand the basics of franchising, the costs involved, and plan appropriately. Check out our previous article Here for an overview of what franchising is. … Read more

What is a Close Corporation?

What is a Close Corporation? You may have heard the term, ‘closed company’ before, this often refers to a close corporation. A close corporation is a business structure for a corporation that is utilized by small companies where the shares are held by a select few individuals who are generally closely associated with the business. … Read more

International Wealth and Asset Protection: Myths and Facts

International Wealth and Asset Protection: Myths and Facts There are many myths and misconceptions about international wealth and asset protection. For various reasons governments and domestic banks have an interest in keeping your wealth and options well within an arm’s length. We have compiled some of the top myths and the reality behind internationalization. Myth … Read more

What is the Difference Between a C Corporation and an S Corporation?

What is the Difference Between a C Corp and an S Corp? Small business owners often have the option to designate their corporation as an S Corporation or a C Corporation. Each option has many similarities but key differences in federal tax treatment that may provide advantages to your business goals. A C Corporation, also … Read more

Texas Small Business Tax Checklist

Texas Small Business Tax Checklist Tax day is coming soon for small business owners, it is often intimidating for the busy owner to sort, account, and file the mountain of paperwork each year. Reidel Law Firm is the law firm for Texas small businesses, we are created from the ground up to support small businesses … Read more

Need to Know: Branding

Need to Know: Branding The next in our Need to Know series is about branding. A strong brand is an invaluable asset to any business. As the global market expands and becomes more competitive, branding will play a critical role in future businesses. The American Marketing Association defines branding as the “name, term, sign, symbol … Read more

How to Sign a Contract as an LLC

How to Sign a Contract as an LLC One of the primary reasons to form a Limited Liability Company (LLC) is to protect your personal assets from the business creditors. A member of an LLC is only liable for the investment amount into the business, his personal assets are generally not reachable by business creditors. … Read more

What is a Franchise?

What is a Franchise? A franchise is a business model that involves one business owner licenses a business model and/or trademarks to an independent owner. There are two forms of franchising, trademark franchising and business model franchising. Trademark franchising is where the franchisor owns the trademark or naming rights and sells some of those rights … Read more

Wealth and Asset Protection for the Small Business Owner

Wealth and Asset Protection for the Small Business Owner We recently covered the basics of asset protection here. This article is to introduce asset protection concepts to Texas small businesses owners. Wealth and asset protection for the small business owner seeks to retain all or a substantial portion of wealth while protecting the owner from creditors’ … Read more