By Bret L. Strong | Published December 5, 2016 | Posted in Uncategorized | Leave a comment
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The Keys to Success
Everybody wants to be a part of the “next big thing.” Today’s consumer-driven economy pushes out new retail market concepts daily and they fail just as often. If timed correctly, an entrepreneur can ride the wave of a new retail concept to a very profitable and sustainable franchise-based business. Some franchise concepts last what seems Read More
Read MoreWhen a Texas Business is Required to Register in a Different State
The use of social media and e-commerce has allowed even the smallest of small business retailers to market and sell goods outside of their home state. In fact, many “one-person shop” retailers that rely solely on distribution through popular e-commerce platforms such as eBay and Etsy attribute the majority of total annual revenue to sales Read More
Read MoreArbitration: Hoskins’ Choice
Courts have historically been protective of arbitration awards and reluctant to overturn them. However, the level of deference to arbitration awards was significantly increased by the Texas Supreme Court’s recent decision in Hoskins v. Hoskins.[1] In Hoskins the Court expressly overruled two common law basis for challenging arbitration rulings[2], and found that an arbitrator’s ruling Read More
Read MorePersonal Guarantees for Commercial Leases – a Negotiation inside a Negotiation.
In times when the economy is down, it is no surprise that commercial tenant defaults increase. During those periods, it is also not surprising to see landlords become more firm about requiring personal guarantees of commercial leases. Typically, the individual signing a commercial lease is doing so on behalf of their capacity as an officer Read More
Read MoreVote! More (Not Less) Of Us Need to Be Shaping the Future
In the midst of the U.S. presidential election period, it seems like a very simple task for each of us to take the time to get educated and vote. Each time we step into a voting booth, we honor the sacrifice of those that made our democracy possible, so when the polls open on Nov. Read More
Read MoreProperly Terminating an Entity
Failing to properly terminate or “wind down” an inactive corporation or LLC is a potentially costly mistake many Texas business owners make. While the steps involved in terminating an entity are relatively straight forward, the potential legal ramifications for failing to properly do so can be significant. While most small business owners are aware that Read More
Read MoreEstate Planning: One Size Doesn’t Fit All – Part II (Under Planning)
In Part 1 of this series we discussed the potential for older documents to involve too much estate planning (i.e. over planning) when considered in light of current tax legislation. In this installment we will look at the dangers of a “one size fits all” plan that does not provide enough planning (i.e. under planning). Read More
Read MoreResidential “Short Term” Rentals
Residential “Short Term” Rentals The term “Short Term Rentals” is used to define a residential leasing, which has various definitions of time but is generally less than ninety (90) days. The term has become synonymous with companies like airbnb or vrbo, that manage websites used to market and book residential properties for short term stays. Read More
Read MoreThe Uber Controversy: An Example of the Clash of Two Worlds
Today we live in a world that is built around handheld devices that satisfy the freedom of instant access and gratification. This new reality means we may have to sacrifice some privacy and sometimes potential safety, for convenience, a controversial trade-off perfectly embodied by the successful car service Uber. Simply open an app on your Read More
Read MoreCan I Tell You A Secret?
Information is everywhere. We are inundated with information on a daily basis, and in the world of business, information is king. Information drives business decisions, and generally speaking, the more information you have, the more likely your decisions will result in positive outcomes. Therefore, information is valuable, information is a commodity, and information must be Read More
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