Due Diligence for Buying a Business If you are on track to buying a business, be sure to exercise your due diligence as you move forward in the process. Too often does a buyer focus on price of the deal or other factors while neglecting other important aspects of a business purchase. The due diligence … Read more
Deals from Hell – What to Do In my practice I have rarely had a deal go completely sideways to a nightmare. But they do happen, and when they happen it can mean some sleepless nights and restless days. Taking the following steps can help you survive your business deal gone bad. Get Everything in … Read more
What is a Liquidated Damages Clause? When reviewing or drafting contracts the little known liquidated damages clause comes up often in negotiations and internal discussions. Many times even experienced business persons are not completely familiar with the purpose and function of a proper liquidated damages clause. To better understand what a liquidated damages clause function … Read more
Doing Business in Texas: Real Estate Laws Texas real estate laws embody the same principles that the US was founded upon: strong protections for private property, local taxation, and efficient conveyances. These principles have kept Texas at the forefront of low cost and protected property ownership for both citizens and non-citizens alike. The US has … Read more
How to Get a Liquor License in Texas Serving alcohol at your restaurant can add much needed revenue and margin for your business. In Texas, there is a myriad of local (county and municipal) and state laws that are applicable to any business seeking to serve alcohol to patrons. To obtain a license to serve … Read more
What is the Difference Between a Registered Agent Address and a Business Address? Many times when I assist companies that have used a cheap LLC or corporation formation website or chose to form the business themselves, I find the common mistake of not understanding the importance of the registered agent address and the business mailing … Read more
Doing Business in Texas: Financing Financing your project in Texas is typically not very different from seeking financing in other states. From tax-exempt financing to commercial banking and other equity financing, Texas laws offer businesses a wide range of options to grow through finance. Exploring your options can help expand and diversify where and how … Read more
Doing Business in Texas: Business Practices Law Texas has a number of trade regulations ranging from antitrust to deceptive trade practices laws. These business practices laws are the focus of our next Doing Business in Texas series. We will cover just a few of the basic business practices laws including antitrust laws, covenants not to … Read more
What to do with Security Deposits? Texas law stipulates many rules for how a tenant’s security deposit is to be handled and returned. A security deposit should not be confused with an application deposit or other fees. Not staying in compliance with these rules can cost any landlord many times more than the deposit. It … Read more
Doing Business in Texas: Labor Laws In this installment of our Doing Business in Texas Series we will discuss the various labor laws that affect Texas businesses. Texas labor laws strike a good balance between protecting contract freedom and the rights of employees. Many states have complex and often onerous employment regulations, Texas takes a … Read more
