If you lease commercial space in the Dallas-Fort Worth area, an air conditioning failure in July is a business emergency. You need to know who writes the check before you authorize the work. Defining the triple net structure Landlords often use the triple net lease,...
A sudden bankruptcy can leave you unsure about the work, the money and the agreement you counted on. That uncertainty makes it important to understand how this change affects each part of your deal. Here’s what you should know before you decide your next move. The...
Starting a business in Dallas offers exciting possibilities, but forming a Limited Liability Company (LLC) takes planning and close attention to detail. An LLC can shield your personal assets, provide tax flexibility and build trust with clients and partners. However,...
You can have a million-dollar idea but never make a penny off of it if you don’t have a strong business plan in place. Before you can launch any entrepreneurial endeavor, though, you have to secure capital to get your business off the ground. Considering the amount of...
You spend a lot of time focusing on your business relationships, securing dependable supply chains and building up your client base. While each of these components of your operations are key to success, there are other aspects that could prove detrimental to your...
You spend a lot of time focusing on your business relationships, securing dependable supply chains and building up your client base. While each of these components of your operations are key to success, there are other aspects that could prove detrimental to your...
In Texas, running a business comes with significant responsibility. This often includes protecting yourself from costly labor claims. One of the simplest but most effective tools you can put in place is an employee handbook. Done right, it sets clear expectations,...
Business owners may want to sell their companies for a number of different reasons. Maybe they are ready to retire. Perhaps they want to move into an adjacent industry to explore new opportunities. Regardless of why a business owner intends to sell their organization,...
Running a sole proprietorship may seem like a relatively simple endeavor on the surface, but the legal responsibilities that are associated with this task can be complex. Many sole proprietors assume that they do not need legal guidance because they are not operating...
Partners who go into business with one another have certain responsibilities. Typically, partners negotiate in-depth agreements that clarify what obligations they have to one another. Partners also have a fiduciary duty to the business that they started together. It...