In Houston, as in other cities, regulations dictate how many parking spaces a development must have. The number required depends on type and size of the development. For example, Houston requires 1.333 parking spaces for each 1 bedroom unit in an apartment complex and...
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Key commercial real estate focus: zoning, land use considerations
Commercial real estate projects of significant size in Houston and across Texas often feature multi-layered complexity. That reality equally affects principal participants ranging from investors, lenders and developers to project owners, lessees/tenants and myriad...
What to consider before acquiring a business
Acquiring a business can be a lengthy process. It can also be an exciting one, and there are a few things to consider before jumping in with both feet. To avoid discovering nasty surprises after the purchase, you should consider the following before acquiring a...
What could make your noncompete agreement unenforceable?
If a former employee is using what they learned from you to compete with your business, you need to take effective action. Ideally, you would have a valid noncompete agreement in place, but the courts don't always uphold these. What issues make them unenforceable and...
Is it time to amend your partnership agreement?
Starting a business with a new partner can be an exciting time. After a while, however, the relationship can get complicated.Some conflicts between partners are simply part of working with other humans. Some disagreements can even be good for the business, because you...
Considering entering the commercial real estate market?
There are many advantages to investing in the commercial real estate market. The industry can provide an opportunity for entrepreneurs to go out on their own, to move away from the traditional grind of a traditional office job and start their own venture. Those who...
W-4 to get a reboot — IRS offers employers a glimpse of new form
The Internal Revenue Service (IRS) will release a new and allegedly improved Form W-4 in the near future. The agency states the changes will help better ensure Form W-4 is in line with the 2017 Tax Cuts and Jobs Act (TCJA). The changes could mean complications for...
Business owners should know these 4 business valuation methods
Business owners looking to merge or acquire another business are wise to conduct a business valuation of their target business to get a better understanding of the target's economic value. Unfortunately, business valuation is not an exact science. There are many...
The not-so-secret trick to commercial real estate investment
Creative entrepreneurs and investors dream up as many plans to grow their wealth as their imaginations allow. But only a narrow segment of those plans will fit through the special "like-kind" tax deferring provision built into the revised U.S. tax code.Investors have...
Recent Qualcomm ruling serves as reminder of goal of IP rights
Intellectual property is a niche area that involves legal protections such as patents. Patents reward the patent holder with protection against others stealing their ideas. One argument in favor of these protections argues they encourage innovation by rewarding the...

