Business Planning Insights

Several issues can arise when setting up an LLC. From the name of the LLC to the formation documents, it is imperative to set up everything in compliance with state law and with a mind of anticipating future issues. Below are common issues that some people face when setting up an LLC.

Business Succession Planning (“BSP”) can be a crucial part of estate planning that many business owners do not think about. It is a business planning tool for passing leadership roles and ownership on to one or more other leaders/owners.

There are many different business structures that can be formed in the state of Texas. The best structure for a business is based on a number of factors, including (but not limited to): the number of individuals forming the business, how the business will be governed, etc.

In 2021, Congress passed the Corporate Transparency Act, which created a new beneficial ownership information (“BOI”) reporting requirement for certain companies.

Small business owners face numerous legal and financial challenges. One of the key tools that can help protect your business and prevent disputes is a well-drafted contract. In this blog post, I will explore the importance of contracts in protecting your small business, the key elements of a...

Starting a limited liability company (“LLC”) in Texas is an attractive option for small business owners considering the advantages of legal protection, ease of management, and tax benefits. Before you can get your business up and running, there are several considerations to be aware of—from...

Starting a business can be an exciting and sometimes overwhelming venture. When it comes time to choose the right business entity for your needs, it’s important to consider what type of structure that best suits your current and future goals. Are you looking for a corporation, S corporation, or...

As a Texas resident, you may have established a limited liability company (LLC) for your business. But what happens to that LLC when you die? For the business to continue operating, it will need to be passed on to someone else or dissolved. It’s important that you understand the rules and...