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You and your business partners count on contracts to complete some of the essential parts of your business. During a negotiation, you decide the benefits that make up both sides of the agreement to meet your needs. Unfortunately, there are times when circumstances out...
While we may have had years of TV and movies that predicted global pandemics that exceed what we are experiencing with Coronavirus (COVID-19), the country is still in relatively uncharted territory. Between emergency legislation and businesses trying to stay ahead of...
There are some aspects of business that seem to change quickly, while other concepts take much longer. When the old ways seem to be working, owners often see no reason to make changes. As times change, however, people begin to question whether there is a more...
After Tax Day comes and goes, it is time to move onto the next big fear for the year. The anticipation and fear of an audit. There are some business owners who will keep physical boxes of documents for years out of fear of a future audit. While maintaining thorough...
Part of building a successful business is building a reputation and a legacy. You have taken the time to establish your business’s name in the field, and you want that name to endure long after your time owning the company. Whether you plan to pass your business on to...
For ambitious business owners, franchising is often a smart way to continue to grow. That is, if you welcome franchisees onboard, you likely work with motivated business partners who have a success-based mindset. Of course, not all businesses are ready to franchise....
As an entrepreneur, you spend a lot of time developing and growing your business. Not only have you come up with the product or service, but you also had to make investments in how you and your employees would make it all happen. When it comes time to sell your...
As the oil and gas industry ramps up production, energy companies in Texas are discovering opportunities to merge with and acquire other organizations. One strong motivator driving these transactions is a lack of liquidity. Because of pricing, market risk and other...
Updating the structure of your business and making other savvy financial moves can optimize the company's tax savings. Tax planning focuses on adhering to complex laws and regulations while taking advantage of provisions to decrease the percentage of profits you must...
We prominently note a core function/goal of our proven Houston commercia law firm on our website at Stephenson Fournier. Namely, that is helping valued and diverse clients “plan for success, navigate the entity formation process and get new ventures off to a strong...