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...
Paycheck Protection Program extended through May
Good news if your business has been struggling due to COVID-19 or the lockdowns. The federal government has extended the Paycheck Protection Program (PPP) through the end of May to allow companies more time to apply and to allow more time to process the applications....
Barred from PPP loans due to a bankruptcy? Not anymore
The Paycheck Protection Program (PPP) was meant to provide small businesses with the extra cash they needed to maintain their payrolls during the pandemic, when times were bad. The loans are forgivable for those who actually use the money to keep their employees on...
Building a new business? Working for free may be a mistake
When you start a brand-new business, you have to make sacrifices. You’ll be working a lot, naturally. You’ll be networking and building up the connections that will serve you in the long term. There may not be a lot of money at first, even if you secure significant...