Your business is growing and gaining the attraction of other businesses that may give you may have an opportunity to engage in a lucrative merger or acquisition. Before jumping in, however, it is important to understand the four basic steps in the merger and...
Business Law
Help! My construction workers are refusing to work.
Running a construction company or real estate company is complicated. The number of rules and regulations in that industry is mind boggling. Though, the one thing that investors and developers may never think about is their workers refusing to work, but, as it turns...
How can you defend against a breach of contract claims?
Most businesses in Plano rely on solid, enforceable contracts. These contracts may be between the business and a supplier, vendor, other business or employee. As essential as these contracts are, there will be times when one party to a contract is accused of breach of...
What should I do to make sure I collect business debts?
Many Texas businesses supply products or services to other businesses instead of directly to consumers. As with any other transaction, the business that provided the goods or services expects to get paid for them. On the other hand, in business-to-business...
Financing a new business with the Small Business Administration
Texans who are planning start a business will need to understand the basics. Of course, there will need to be a product or service they believe will be marketable. Even with the best ideas, there are obstacles that must be overcome. One of the key challenges is...
Understanding mergers and acquisitions in Texas
In order to ensure that their business is successful, owners must consistently come up with new ways to fuel growth and development. Mergers and acquisitions are two ways for a business owner to continue to make a mark in the business world. Mergers When two companies...
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...
Does your business succession plan address these 5 key areas?
As you age or your health declines, you might find yourself worried about what will happen to your business when the time comes when you’re no longer willing or able to run it. After all, running a business is no easy feat, and its intricacies can swallow an...
Resolving shareholder disputes
Many businesses have investors, called shareholders, who provide funds in exchange for a share of the business. Sometimes, shareholders have disagreements about how the business should meet its objectives. When the dispute is unresolved, it can take the focus off the...
There are many good reasons to create a business plan
Plano residents who are starting a business are often excited to begin a new career path. Starting a business in Texas is a great way to be your own boss and share your good ideas with other people. But before a person opens their business it is important that they...