In order to reap the many benefits of having an LLC operating agreement in place can bestow upon your business, you must set forth key terms. After all, there is quite a large variety of terms you can include or
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How to Prove a Material Breach of a Business Contract
Evidence of a material breach can come in many forms and works to support ……
The Most Common Types of Business Disputes
In particular, employment disputes relating to hiring and firing practices often arise ……
Force Majeure Clauses
Whether or not you can invoke a contract’s force majeure clause requires ……
The Value Standard in a Partnership Agreement
The value standard in a partnership agreement is, as it suggests, the standard ……
How to Choose the Right Business Partner
There are few things more exciting to an entrepreneur than a new business idea. As you forge ahead in making your business dream a reality, you may, at some point, find that your endeavor could greatly benefit from some help.…
Liquidated Damages Clauses in Business Contracts
Contracts are not always honored. Breaches do occur and if you are a business owner it is an important possibility to plan for. While we put contracts in place hoping to see them fulfilled, there is always the chance that…
What is a Professional Corporation?
There is a fairly wide range of business entity options from which you can choose from when starting a new business. Depending on the type of business you are planning for and who will be owning and operating the business,…
Forming an LLC in Texas
A Limited Liability Corporation or “LLC” is a popular business structure to select. It affords owners many benefits, including pass through tax benefits, flexibility, and personal liability protection. If you are an entrepreneur looking to form an LLC in Texas,…
Avoid these Common Family Business Mistakes
Family businesses can be a great source of pride. After all, family members pour their time, financial resources, and hearts into these kinds of entrepreneurial endeavors. While they come in a variety of shapes and sizes, family businesses all maintain…