For many businesses, obtaining a government contract is a boon for their bottom line. After all, it can be a steady and reliable income stream not often found in other contracts. But government contracts are not without their downsides, as evidenced by the agency’s...
Month: February 2022
Should estate plans include social media?
When one begins the estate planning process, there are a lot of considerations. If one has minor children, who should be their guardians if both parents die before the kids become adults? How does one maximize a wealth transfer, while minimizing taxes? What about...
Negotiation does not have a one-size-fits-all approach
There is no one right way to negotiate a contract. Oftentimes, how a business in the Plano area chooses to approach negotiation will depend on the specific circumstances. There are however certain tips a business leader can keep in mind when entering into a contract...
How will you approach your company’s contract dispute?
Most business relationships between companies, vendors and suppliers are based on contracts. Yes, you may have a good interpersonal relationship with the people in the other company, but the terms of the contract between companies is really what it comes down to. If...
The basics on buying an existing business or franchise
Small business owners starting out in Plano have many options. While some small business owners want to strike out on their own, others do not want to go through the process of starting their own enterprise from the ground up. These small business owners may want to...