Remember This Next Tax Day!
There is another reason to mark April 15 on your calendar for next year. Yes, taxes will still be due, but you can also get free food and merchandize across the country as part of Tax Day Freebies. The restaurant and retailer movement has picked up in the last few years as a way to […]
Dallas Small Business Lawyer:Commercial Leases
Dallas Small Business Lawyer: Commercial Leases When leasing a space for your small business, you are faced with many challenges. Long lease terms, long and complex lease agreements and high lease payments are just a few of those challenges. Trust a qualified and experienced business attorney to help you navigate this unfamiliar territory: The Wright […]
Dallas Business Attorney: Choosing the Right Corporation
Dallas Business Attorney: Choosing the Right Corporation What is an S corp? How is it different from other corporations? When you incorporate your business as a corporation, you do so at the state level. Corporations can then elect to be treated under Subchapter C or Subchapter S of Chapter 1 of the Internal Revenue Code. A corporation […]
Dallas Business Lawyer: Choosing the Right Business Entity
Choosing the Right Business Entity What kind of business entity should you choose for your Dallas business? A corporation? Partnership? Limited Liability Company? Something else? The answer depends on many factors. The foremost issue in most business people’s minds when forming an entity is protection from personal liability for the business’s debts. Another important factor […]
Dallas Business Attorney: Setting the Course for Your Business Exit
Dallas Business Attorney: Setting the Course for Your Business Exit In order to grow a successful business venture it is important to have a solid business plan. In order to have a solid business plan, it is necessary to have an exit strategy that covers the Four D’s: Death, Disability, Divorce and Departure. In the […]
Texas Business Lawyer: Appeal’s Court Sides With States, Not President Obama Over Health Insurance Debate
The 11th Circuit of Appeals ruled today that the individual mandate in the health care overhaul package that requires all Americans to carry health insurance or face penalties is unconstitutional. Initially, 26 states filed suit to block the health care package, claiming the entire package was unconstitutional; while the Justice Department claimed the law falls […]
Texas Business Attorney: “FOOTBALL’S BACK!!”
I dusted off my Cowboys jersey on Monday after NFL Commissioner Roger Goodell announced that the NFL lockout was finally over after the owners and players agreed to a new collective bargaining agreement (the “agreement”). A collective bargaining agreement functions as a labor contract between an employer and union(s). Collective bargaining agreements regulate working conditions […]
Texas Business Attorney: What is a Partnership?
A general partnership is an association of two or more persons to carry on a business for profit as owners. A general partnership is created regardless of if the persons intend to create a partnership or not, or whether the association is called a “partnership” or other name. SeeTexas Business Organizations Code Section 152.051. Texas […]
Enforceability of Non-Compete Agreements: Fact or Fiction?
Contrary to popular belief, non-compete agreements are generally enforceable in Texas. However, the non-competes have to be narrowly tailored to hold up in a courtroom. Specifically, the scope of the agreement has to be limited to: 1) a particular geographic area and 2) a limited amount of time. Texas courts have stated that two to […]
