When you are building your business, you should think about creating an employee handbook once you start hiring employees. Without one, you can have a harder time enforcing employee rules and you even could face legal problems down the road.Yet the thought of creating...
Trade secrets are invaluable to your company's success. Unfortunately, this value also makes them attractive to thieves. Once your trade secrets have fallen into the hands of your competitors, they are all but worthless.Although theft is a constant threat, there are...
During the start-up business process, a written operating agreement is a necessity for a limited liability company (LLC). This document provides detailed plans regarding ownership and the duties of its members, who are the business owners. In addition, an operating...
It can be exciting to own your own business. Once your company is up and running, you have the feeling of limitless opportunity.An essential part of owning a business is deciding who will take over when you retire or pass on. Life can be unpredictable, so it is never...
As a business owner, the assets you need to protect reach far beyond your cash flow. Your intellect is the foundation for your concept; your trade secrets make your business model unique.If authorities do not consider your employees essential, you likely wonder how...
One crucial characteristic of any trade secret is that it remains secret. It is right there in the name. In fact, the owner of this type of valuable information must take "reasonable measures" to ensure it remains classified - otherwise the law may not consider it a...
Cybercriminals are becoming increasingly bolder and more sophisticated in finding ways to infiltrate computer systems for public agencies and private businesses. Texas Governor Greg Abbott said recently that state agencies detected 10,000 attempted attacks per minute...
It doesn't matter if you're wealthy or only live a modest life; estate planning is for everybody.Estate planning for business owners is different than for the everyday individual. You may need to account for buy-and-sell agreements, a succession plan, and tax...
Entrepreneurs across Texas know that in today’s competitive and fluid marketplace, it takes more than just a good idea to stand out in the crowd. Growing a business involves making strategic and deliberate decisions that include reassessing and revising business...
If you’re a business owner, you already know. If you’re starting your first business now, you’ll soon find out. About 36% to 53% of small businesses get involved in litigation at some point in any given year. Most business litigation never gets to a...
