“If you make it through this, you ask, you learn, you adapt, and I think it only makes you stronger,” says the head of the National Association for the Self-Employed. A lot of business owners are feeling that way. The pandemic led to a great deal of upheaval, but...
Will HB19 unfairly shield trucking companies from liability?
A Texas bill known as House Bill 19 has passed both the House and Senate and is now entering the reconciliation phase. That means that the House could simply accept a Senate amendment and the bill would go to Governor Abbott for his signature. Or, the House could...
Executing on a judgment targets the debtor’s non-exempt property
If you are involved in a payment dispute with a customer or tenant, or any kind of commercial dispute in Texas, your goal isn’t just to get a judgment against the non-paying party. It’s to obtain payment. You might try an alternative dispute resolution process through...
Involved in a commercial real estate dispute?
In the Dallas Metroplex, real estate concerns are hopping. After the pandemic, people are finally ready, willing and able to lease and purchase real estate again. Unfortunately, this activity has led to disputes cropping up. If this has happened to you, what are your...
Older entrepreneurs may be in a better position to succeed
Older Americans have been starting businesses during the pandemic and making them a success. In fact, they are the most active new business owners in the country, according to nextavenue.com. About 80% of small business owners are over 45, according to the New York...
Commercial real estate dispute? Consider mediation or arbitration
These days, it seems like the commercial real estate disputes might never end. After the pandemic, some companies will never need as much space as before. Or, at best, they might take years to work their way back into needing it. As a landlord, you may see the rent...
How to minimize the risk of partnership disputes
What started out as a positive venture can quickly turn sour when partners fall out. Issues of ownership, control and the survival of the business can easily be threatened when partners disagree. Unfortunately, disagreements among business partners are relatively...
Fed: Pandemic didn’t destroy quite as many businesses as feared
As we move back toward normalcy, it’s important to ask how the overall economy is faring. Did the pandemic leave us with a shattered economy? Has main street died off? Is it still worthwhile to start a business, or will the economy just swallow it up? According to the...
Chapter 11 bankruptcy could allow you to shed debt and reorganize
Your business was going well until the pandemic. Since then, you’ve been getting by on loans, savings and the skin of your teeth. If you have done your best to make a fundamentally sound company work but the pandemic has you dead in the water, you might still be able...
Need an angel investor? Here’s what they’re looking for in startups
An angel investor is someone who brings an investment to an early-stage startup company. In exchange for that investment, they get a stake in the company. Understanding that startups are risky, they typically bring between $25,000 and $100,000 to the table in the...