What Business Structure Should I Choose?
In Texas you can choose from many different structures – sole proprietorship, corporation, limited liability company, general and limited partnerships, etc., Whether you are starting a business or have a successful one in place, you can organize your business entity for the best ease of operation, asset protection and reduced tax liability. This decision is very subjective and depends on a number of factors. If a different structure is right for you at this time, in Texas it is relatively easy to change your business structure to the one that suits you best. If you would like to discuss any of these subjects, contact us for a free consultation.
The Process
Executing a Confidentiality Agreement
This is like dating- the parties begin to find things out about each other.
These are commonly signed before any information is given out about the Seller.
While not a “standard” form, these agreements are generally all similar.
After confidentiality agreement is signed the Buyer normally receives a significant amount of information about the Seller.
Most businesses are sold by first time sellers. This blog is intended to provide you some insight on the process of selling your business.
Lawsuits from employees
Adopt internal written policies and procedures, job descriptions, employment contracts and employee manuals and follow them even if you don't want to. Policies which are not enforced or enforced selectively may not be policies at all.
