When Do I Need Out-Of-House Counsel? Hiring an out-of-house counsel is a big step in expanding your business and freeing your time as a business owner. Every business has unique growth patterns and some small businesses can work comfortably without retaining an in or out of house attorney. For businesses that are growing to a … Read more
How to Acquire a Company Acquiring a company is a major decision and can be a market multiplier for expanding your business. Acquisitions can be a smart and fast way to build your business and expand into different products, services, or geographic areas. Businesses need to take caution when merging or acquiring another company. The … Read more
Doing Business in Texas: Intellectual Property Intellectual property is an integral part of many businesses and certainly for startups and franchisors in Texas. Texas developed great protections for businesses and their intellectual property. These protections include trademark and service mark registration, unfair competition laws, among other protective laws such as prosecution for trade secret violations. … Read more
When to Franchise Your Business Making the decision to franchise your business is very big and should not be taken lightly. A franchise is a business model that allows an owner to expand and sell the business model to other entrepreneurs, explained in more detail in our article: What is a Franchise. There are four basic … Read more
How to Value Your Business Valuing a company is one of the inevitable tasks a business owner will make in their life. Whether valuing a company you wish to invest in, or testing your own concept for a startup, or even valuing your company to take on investors, it is an invaluable skill. There are … Read more
Doing Business in Texas: Taxation Texas has been consistently ranked as one of the best states for businesses, no doubt in large part to our low tax rates and business friendly tax policies. In this installment of our Doing Business in Texas series we cover the topic of Taxation in Texas. There are a variety … Read more
Our latest video, Wealth and Asset Protection for Small Business Owners, features Bill Lussenheide, President of Lussenheide Capital Management, Inc. Check out his website at InvestmentWarrior.com https://youtu.be/Fxgsh14buEY
Need to Know: Accounting Software Every business owner will deal with basic accounting and accounting software at some point. Whether you are the type to do it all yourself or one who does the basics and hands it off to your accountant, accounting is essential to any business. Business accounting software keeps track of your … Read more
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
Need to Know: Pricing One of the most important aspects of a successful business is pricing your products or services properly. Correctly pricing your products is part science and part art. There are a variety of methods and strategies to successful pricing. The keys to pricing your product include: targeting your demographic properly, researching the … Read more
