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Despite the certainty businesses expect contracts to bring, poorly worded or ambiguous language often lands them in a quagmire. Contracts are often breached or appear to have been breached, leading to litigation. Given the stakes, these can be stressful times as a...
If your business is struggling, you may find that your debts become too much for you to handle. In this case, it might be the best idea to file for bankruptcy protection. Many businesses decide to file for Chapter 11 bankruptcy. You may hear people call it...
Few would argue this is the best of times for many commercial property owners and their tenants. Some Texas tenants unable to pay on time might suddenly get locked out of their shop. But then again, many tenants with a strong online presence are starting to wonder why...
If you own a business in Texas, you probably know that choosing who to hire is one of the most important things you will do. Selecting talented individuals who have the required skill sets to optimize critical tasks within your organization can effectively help you to...
The series LLC is a relatively new concept of business ownership and not well understood. However, individuals who own and operate several businesses or who have many diverse investments may benefit from the protections a series LLC affords. Entrepreneurs and business...
When a business owner looks to rent space from you, it is an important business transaction for both of you. The lease you design should be fair for everyone. It is important that you do not make the lease too restrictive or make too many demands in the lease that...
If you have watched a small business suffer through bankruptcy, or if your own business has ever explored bankruptcy, you may want to update your files on the topic. Chapter 11 reorganization has new possibilities thanks to the Small Business Reorganization Act of...
Finding the right structure is crucial when building your business. It factors into every facet of operation, from regulation to taxation. Depending on your business’s size and needs, you may want to consider forming a limited liability company (LLC). We recently...
Property lines ensure that your real estate properties are protected. Typically, property lines are marked. This allows homeowners to make improvements to their property. Knowing where your property ends can save you a headache later. When building a fence or another...
Buying a home for the first time is an exciting moment, but it is also one of the most important financial choices you will make in your life. All of the necessary behind-the-scenes work can cause you to feel overwhelmed and rush into deciding on a home. Letting your...