Periodic updates on legal issues important to business leaders and creative professionals, from the creation of corporate entities and contract negotiation to employment counseling, risk mitigation, and compliance with local, state, and federal regulations.
A nonprofit’s board of directors determines the culture, direction, and ultimate success of the organization. Accordingly, nonprofits should prioritize the selection and training of the members of its board of directors. Given the extent of their impact, it is critical that every board member understands their responsibilities to the organization in their role.
Read MoreOne of the largest costs for many businesses is their commercial lease. While business owners often hire an attorney to review the lease itself, it is not as common for them to consider retaining an attorney to assist when negotiating a letter of intent (LOI) related to the lease, which typically serves as the foundation to the eventual lease.
The checklist below offers some insight and issues to consider when reviewing an LOI.
Read MoreMost companies already understand the importance of maintaining a website. At its core, a website helps people understand your brand and what you sell. A website also gives you credibility and helps consumers, employees, business partners, and others decide whether to engage with you.
Much like having a website is an important part of your business development, implementing appropriate website policies is critical to protect your business from unintended liability. Read on for guidance related to certain recommended website policies.
Read MoreBuying a franchise is often a life-changing event, and it is important to understand your risks and obligations before finalizing the deal. To help protect your interests while making your investment decision, read on for steps that you can take and questions you may want to consider when evaluating a possible franchise purchase.
Read MoreA consumer’s typical contract review focuses on particulars related to the deal—for example, the price, the date for performance, and the services, products, or materials purchased. Often, the general terms and conditions (GTCs) of the agreement are quickly examined or overlooked. Normally, this limited review is not a problem. However, if things go awry, the GTCs can significantly impact the outcome of any related dispute.
Read MoreThe limited liability company (LLC) has increasingly become the entity of choice for most small businesses in Texas. If you are considering whether to create an LLC for your business, you may be wondering what benefits you really get from creating a separate entity and whether it’s worth the additional paperwork and cost involved. Read on for some guidance to these questions.
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