Small Business Development

Starting your own business is an exciting endeavor. When starting a business or when making the decision to take your business to the next level, many issues develop. One issue that arises when starting a business involves reviewing contracts and other documents. It is important to fully understand these documents before committing your business.

Another main issue is whether or not to form a business entity. Basically, Texas gives you at least seven different kinds of business structures to serve as your vehicle for your business. These structures include: The Sole Proprietorship, the Subchapter C Corporation, the Subchapter S Corporation, the General Partnership, the Limited Liability Partnership, the Limited Partnership, and the Limited Liability Company. Each structure carries different advantages and disadvantages concerning tax treatment, protection from creditors, operations, and other areas. It is important to evaluate the needs of your business in deciding the proper structure.

Additionally, when starting your own business the need to hire employees will often come into play. Hiring, managing, and firing employees can expose your business to a number of legal issues. Although not all legal issues can be avoided you can reduce the likelihood of costly legal entanglements. This office can assist you in such areas as drafting employment applications, employee contracts, independent contractor contracts, and a number of other areas that develop when hiring employees.


 
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