When business owners cannot handle the workload they often need to hire someone to help. However, employing even one person can trigger a wide range of legal issues that must be addressed. The following are only some examples of legal issues that accompany hiring. 1.Registering for an employment identification number… Continued
No matter the size of your company, having a lawyer on retainer can be advantageous for your business, especially when issues unexpectedly arise. Business owners often hire attorneys on an ad-hoc basis, retaining them as different matters need to be handled. They deem this to be more cost effective, since… Continued
Business disputes arise frequently and often times when least expected. Those disputes can involve initial business formation issues, business contracts, a current or future business venture, or dissolving or winding up of a business. The most traditionally recognized form of dispute resolution is litigation with a judge and/or the jury… Continued
If you have an idea for a startup but believe that running your own business is not feasible due to your lifestyle and obligations, you may not be considering that there are many types of small businesses out there and not everyone starts their business with the goal of rising… Continued
When you start a new business, the business entity you choose can have an impact whether your venture fails or succeeds and your own personal liability for business debts. In addition, if choosing an inappropriate entity does not result in failure, it can certainly cause significant problems that could have… Continued
As a business owner, you need to have the money that is owed to you paid on time. The overall success of your business and your bottom line likely depend on being paid in a timely fashion. But what are the rules for collecting that money from your clients and… Continued
If you own a Houston business, you likely have other businesses that owe you money ranging from clients to suppliers. So how does your business make arrangements to collect that money? Whether you are a fledgling entrepreneur or have been in business for yourself for a number of years, many… Continued
Who is a Secured Creditor? Secured creditors have an interest in some sort of asset. These assets could include a car, boat, land, and other property. If you don’t pay the debt of a secured creditor, this creditor can seize the property. Secured Debt: How to Collect One of the… Continued
There are many ways that a creditor may seek to collect an outstanding debt. For example, the creditor may attempt to collect the debt through direct communications with the debtor, by filing a lawsuit against the debtor, by seeking to take possession of or to sell property securing the debt,… Continued
As a business owner, collecting debt from a customer can be challenging. And while it may be tempting to engage in self-help remedies or other tactics to recover debt, keep in mind that some methods are strictly prohibited. Here are a few examples of debt collection practices that are prohibited:… Continued