Entrepreneurs in Texas often choose to establish limited liability companies instead of corporations. C and S corporations have traditionally been the preferred structure for new businesses because they provide liability protection, but setting up a corporation is a...
When considering a business acquisition in Texas, taking a strategic, thorough approach to minimize risk and achieve a successful transaction is essential. By taking the steps discussed below, you can increase the likelihood of purchasing a sound business that aligns...
Structuring your Texas business as a limited liability company (LLC) may protect you from claims made against it. As a general rule, only the organization's assets would be at risk if someone obtains a judgment against your firm. However, if you do opt for the LLC...
Every new entrepreneur in Texas will need to decide what type of business format they want to use in their operation. While businesses that are owned and operated by one individual are typically set up as a sole proprietorship, many entrepreneurs will want to...