Three Factors To Consider Before Signing a Commercial Lease?
The commercial space a business exists in can make or break the company. Texas entrepreneurs must know the elements of a fair commercial lease agreement before signing on the dotted line. There are three primary elements of a commercial lease you should consider before signing an agreement. A bit of due diligence could protect a […]
What are the Pros and Cons of Incorporating a Business?
When starting a business, you will have many business structures to choose from. Incorporation is one possible option that provides many benefits, depending on your commercial enterprise and its needs. However, incorporating a business can also have some drawbacks, and you should understand these potential issues before you select this business structure. Here are a few key […]
Which Franchise is Right for You?
Exploring the franchising side of business ownership in Texas can bring exciting opportunities. However, you want to make sure you select an option that will provide optimal benefit for your financial and lifestyle goals. Careful comparison of your options can help you narrow things down until you identify the best fit. Long-term interests You may […]
What is Piercing an LLC’s Corporate Veil?
Protecting your personal assets from your creditors is one of the major advantages of establishing a limited liability company. Unique to corporations, this personal liability protection does not extend to other business models, such as sole proprietorships or general partnerships. Sometimes, courts allow creditors to pierce the corporate veil. That is, they permit creditors to […]
Are you Really Ready to Buy a Fast-Food Franchise?
With the invention of delivery apps, fast-food restaurants are experiencing a boom. According to the U.S. Census Bureau, more than half of all fast-food establishments in the country are franchises. Buying a franchise can be wise, of course, as you can piggyback on an established brand. If you are thinking about purchasing a fast-food franchise, […]
What Should you Include in a Commercial Lease Agreement?
When you own commercial real estate property in Texas, you may consider leasing it to other businesses. This decision can hold many benefits for you including the enjoyment of passive income. Prior to allowing someone else to use your space, you will want to implement a formal lease agreement. Knowing what to include in this […]
Preparing to Sell your Business?
Building your business and getting it to a point where it has considerable marketability is a major accomplishment. The decision to sell your business can be bittersweet. Because of the work you have put in, you will want to find a buyer that honors the valuation and sees the potential. Here are some considerations to […]
What are Houston Zoning Laws
If you are a recent arrival in Houston with plans to develop commercial properties, you may reasonably assume you need to first familiarize yourself with the city’s zoning laws. You may be surprised to learn Houston actually has no formal zoning laws. According to the Kinder Institute for Urban Research, the city’s regulations impose very few […]
Issues to Consider in a Business Merger or Acquisition
Mergers may provide business owners with opportunities to become part of a much larger organization. As noted by the U.S. Small Business Administration, mergers involve two or more separate companies combining into one new entity. Many businesses, however, discover that the merger did not prove as beneficial as expected. Differences in pre-merger operations may hamper a smooth […]
International Business Ventures Require Well Drafted Agreements
Any business venture requires the right agreements, and those agreements must abide by the laws of wherever that venture takes place. This gets more complicated when you include international partnerships. In 2021, for example, two chemical manufacturing businesses aimed to join forces in the Asian automaker market. KPX and Huntsman unite The President of KPX […]