A successful business is hard to develop from the ground up, but there may be a shortcut if you have the investment capital and a desire for an established brand. By investing in a successful franchise, you may build a profitable business using a tested template. What...
Business-Minded Legal Solutions
Business Law
The importance of choosing the proper insurance plan for your business
Opening a new business is the culmination of a great deal of planning, much of it around securing financing and investors. There is a strong chance that your potential investors will require proper risk management before taking the leap. That means finding the ideal...
How to create an enforceable non-compete agreement in Texas
An employer in any industry has the right to require their employees to sign a non-compete agreement – a contract in which the employee promises not to work in competition with the employer, in the event that the employee leaves the company. However, employers do not...
Working with friends? Plan cautiously before you sign on the dotted line.
If you and your friends come up with an amazing business idea, you may think that it’s the perfect time to start working together. Before you do, take some time to consider how this situation could go wrong. There is a difference between being friends, colleagues and...
General solicitation under Rule 506(c): Part 2
Private offerings are increasingly attractive options for companies raising funds ever since Regulation D was amended to add Rule 506(c) which permits use of general solicitation methods in certain private offerings. The ability to advertise broadly adds another...
General solicitation under Rule 506(c): Part 1
Entrepreneurs and business owners typically have one thought at the back of their mind to help grow their operations: raising capital. One increasingly popular way to attain investment is via a private offering under Reg. D Rule 506(c) because it allows general...
SEC amends definition of ‘accredited investor’
The Securities and Exchange Commission (SEC) adopted new rules in the latter half of 2020, adding new categories for people and entities that qualify as accredited investors, allowing them to invest in certain exempt, unregistered securities offerings. The amendments...
4 ways businesses can attract better talent
Many successful businesses stay on top through innovation and by adapting to current trends and practices. However, too many rely on the same old recruitment strategy they have used for years, which may be hurting their ability to attract the best and the brightest....
What are the advantages of starting an LLC in Texas?
Choosing the optimal business form in Texas can be a challenge. Depending upon your goals, an experienced business formation attorney can help you select the appropriate entity, which may include a sole proprietorship, partnership, corporation, limited liability...
Understanding knock-for-knock indemnities
A knock-for-knock indemnity is a specific type of agreement between parties to a contract to hold each other harmless against claims and other liabilities, such as the death or injuries of workers or property damage. The clause makes each party responsible for any...