What Is A DBA (Assumed Name) & When Do I Need One?
Just what is a DBA? A DBA (Doing Business As) is an official filing you make with either the local or statewide government offices for registering the name under which you will be conducting business. In Texas, we generally refer […]
What’s A Company Record Book Anyway?
When a new company is formed, the founders hear a lot of, “Put that in your corporate record book,” or “Make sure you keep a copy of that in your record book.” It’s as if this record book is the […]
Answering Questions About Texas Series LLCs
As we wrote a few months ago, Texas Series LLCs are rapidly becoming the preferred investment vehicle entity in Texas. As I’ve been forming Series LLCs for clients, I keep getting the same questions, so I thought it would be […]
The Texas Series LLC: A Great Tool For Investors
I’ve had several clients ask me recently about Texas Series LLCs. What are they? What are the advantages of them? How can they be formed? Hopefully I can answer a few of those questions below. Of course, I always recommend […]
Don’t Default To A General Partnership
Clients approach us all the time with issues associated to their small business partnerships. Problems arise such as business partners making bad business decisions, running up debts, mismanaging money or even trying to hide income from the partnership…you’d be really […]
Employment Contract Considerations
You know the saying, “An ounce of prevention is worth a pound of cure.”? Well, that axiom most certainly applies to small businesses. While many today do not enter into written employment agreements with their employees, it would certainly be in […]
Why Your Small Business Should (Likely) Be An LLC
UPDATE: This blog was formerly titled, “Why Your Startup Or Small Business Should (Likely) Be An LLC.” However, after the passing of the Tax Jobs and Cuts Act of 2017, we removed “startups” from the title. You see, in the […]
Negotiating Like A Pawn Star
If you haven’t yet tuned into the History Channel’s Pawn Stars, I highly recommend that you check it out. It’s 1 part history, 1 part comedic gold, and 3 parts business acumen. The pawn shop is successful because they buy […]