Selling a Business- Part Two

The Process   Executing a Confidentiality Agreement This is like dating- the parties begin to find things out about each other. These are commonly signed before any information is given out about the Seller While not a...

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Selling a Business – A General Primer

Most businesses are sold by first time sellers. This blog is intended to provide you some insight on the process of selling your business.   First do an analysis of the business   Does the business have established systems and...

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Avoiding Lawsuits

Tips for Avoiding Lawsuits   Get it in writing.   Communicate.   Have adequate liability insurance.   People don't sue people or companies they like.   Lawsuits from employees Adopt internal written...

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How To Leave Your Home To Your Children

Many parents want to know the best way to leave a home to their children. Before you make a plan, you should first be sure that your children actually want the property. We have seen too many parents take on unnecessary financial hardship in order to...

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Asset Protection

Many business owners and professionals fear losing wealth as a result of creditors and lawsuit judgments. With proper advance planning, everyone can protect some or most of their assets, making it hard for creditors to reach them. Here are some...

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15 Most Common Reasons to Do Estate Planning

15 Most Common Reasons to Do Estate Planning   Designate who will manage your affairs if you become disabled and when you pass away.   Plan for Medicaid and its impact on your estate if you must go into a nursing...

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How Can I Protect My Intellectual Property?

You potentially have trademarks that you use to identify and distinguish your business. Your business name, logo, labels, slogans and packaging can all be trademarks, but you must take steps to protect them. You may decide to register a trademark with...

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How Do I Minimize My Risks as an Employer?

As you probably know, there are a ton of federal and state employment laws may apply to your business, and you risk fines, penalties and/or employment-related litigation if you don’t know the laws you must follow and the steps you need to take...

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What Contracts Does My Business Need?

Contracts protect your business by describing the rights and responsibilities of the parties to the agreement. A well-written contract can reduce the number of disputes that arise, ensure that you get paid for the work you do, and provide a clear...

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What Do I Need to Know About Choosing a Name for a New Business?

You probably already have ideas about the name you’d like for your business. But you need to consider legal issues before you start ordering signs and business cards. Every state has rules about the names that new business entities can use, and...

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What Should Be In My Operating Agreement or Bylaws?

Corporate bylaws and LLC operating agreements provide important guidelines for operating your business. These documents explain such things as how decisions will be made, when and how shareholder meetings are held, how to handle LLC ownership changes,...

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What Business Structure Should I Choose?

In Texas you can choose from many different structures – sole proprietorship, corporation, limited liability company, general and limited partnerships, etc., Whether you are starting a business or have a successful one in place, you can organize...

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