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31 May '17When you run a business, there is likely a significant amount of information you want to keep to yourself. This may include plans for products or operations, compensation packages, client lists, operational guidelines, and more. When people work for you, it is often necessary for them to learn about much of this sensitive information to […]
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A big part of running a business for many owners is hiring and managing good employees. However, along with employees comes the obligation to comply with many different federal and state laws regarding labor and employment. These laws can involve the following and more: Unlawful workplace discrimination Minimum hourly wages Overtime rates Meal and rest […]
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17 May '17A significant amount of business revolves around contracts. Almost every aspect of business can be governed by an agreement signed by two parties that sets out the terms of the agreement and legally binds the parties to those terms. Contracts can be entered into with other companies, vendors, contractors, clients, and more. An enforceable contract […]
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Businesses of all sizes must comply with a variety of laws and regulations on both the state level and the federal level. These regulations can involve having proper licenses and permits, meeting certain standards of operations for health and public safety, the compensation and treatment of employees, and more. Even the most careful business owner […]
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26 Apr '17When you have a viable business idea, chances are you want to hit the ground running as soon as possible. However, you should realize that in order to start your company on the best possible terms, there are many steps you should take before starting operations. The following are some steps that may be important […]
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20 Apr '17If you have employees, the time may come when you want to terminate one or more of them. Whether your decision is due to low productivity, attendance issues, misconduct, or any other reason, there are certain things you should consider before firing someone to protect your business from unnecessary liability. Even though most employment relationships […]
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22 Mar '17
When you find a commercial space to rent for your business, you may believe that all commercial leases are created equal and assume that the terms are fair and in line with Texas law. However, there are many different terms in a commercial lease that can be beneficial or detrimental to your business. One important […]
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15 Mar '17Partnerships are a popular business structure when two or more people want to embark on a business endeavor together. Partnerships require few (if any) formalities and have relatively simple taxation rules. What can be difficult, however, is what happens when one partner becomes a problem for the company and you want to remove them. Look to […]
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It seems like we were just discussing the end-of-year review for 2016 and suddenly the end of the first quarter of 2017 is coming up. Now is an important time for small business owners to reflect on their first quarter achievements and struggles and adjust their plans, if needed, for greater success over the rest […]
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01 Mar '17It is difficult to find a business that does not require some type of license or permit to lawfully operate in the state of Texas. In fact, the state government website has 78 pages of different types of licenses for which business owners and individuals can apply and renew. In addition, localities may have extra requirements […]
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