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Business Planning

March 30, 2020

Are you currently concerned about tenants paying rent?

In the light of The Cheesecake Factory announcement last week – https://nypost.com/2020/03/26/the-cheesecake-factory-wont-make-april-rent-because-of-coronavirus-restrictions/ We are advising that Landlords and property managers take an active position.  They should be reaching out to check on their tenants – find out how they have been affected by the pandemic.   Landlords and Property Managers should be inquiring as to their […]

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Business Planning

February 26, 2020

Four Incentives the SECURE Act Gives Small Business Owners

Please know that this is a repost from Wealth Counsel. You can find this blog on their site www.wealthcounsel.com. There was no specific author given or we would have named them. The SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement” Act, was signed into law at the end of 2019. The […]

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Business Planning, Estate Planning & Asset Protection

January 27, 2020

When Not All Your Kids Are In The Family Business

Owning your own business can be a great endeavor that takes a lot of passion and drive. Many small business owners focus on the day-to-day management and growth of the business, rather than thinking about a time when he or she may not be in the business. This is a far too common mistake.  Future […]

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Business Planning

January 20, 2020

How to Create a Founders’ Agreement that Doesn’t Come Back to Bite You

You want to found a startup and think you have found the perfect cofounders. But before you go any further, you want to be sure you are all on the same page and memorialize that vision in a legally binding founders’ agreement (also known as a cofounders’ agreement). You may be envisioning yourselves as Jobs […]

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Business Planning

January 16, 2020

Laying the Legal Groundwork for Your Texas Startup

When you are founding a startup here in San Antonio, you have hundreds if not thousands of balls in the air, and it’s easy to miss a few. Depending on your business, you need to complete the last touches on your product, tweak your marketing plan, hire staff, train salespeople and make sure hundreds of […]

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Business Planning

January 13, 2020

Keeping Your Business in Harmony: Which Type of LLC Is Right for You?

Taylor Swift or The Temptations? Whether you are in San Antonio, elsewhere in Texas or further afield, business has its risks. Forming an LLC (Limited Liability Company) enables you to keep your personal and business assets separate in order to reduce personal and business liabilities.  Generally in Texas, the liability of the members of an […]

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Business Planning, Estate Planning & Asset Protection

January 9, 2020

What Happens To Your Business If You Pass Away or Become Incapacitated?

Here’s why all Small Business Owners Should Have a Plan In Place Preparing your company for your incapacity or death is vital to the survival of the enterprise. Otherwise, your business will be disrupted, harming your customers, employees, vendors, and ultimately, your family. For this reason, proactive financial planning — including your business and your […]

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Business Planning

January 7, 2020

Answering All Your Questions on Corporations

We’ve been Business Planning for over 11 years at the firm and here’s a breakdown of all the Frequently Asked Questions we get regarding Corporations. What is a Corporation? A corporation is a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members. People form corporations to protect their personal […]

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Business Planning

January 3, 2020

Which Business Entity is Right For You?

When starting a new business, one of the first decisions to be made is deciding which legal structure your company should take. DBA Regular of “C-Corporation” S-Corporation Limited Liability Company DBA A DBA (also known as a “sole proprietorship”, “Doing Business As”, or a “Fictitious Name”) is a business that is not separate from its […]

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Business Planning

January 1, 2020

7 Steps to Starting a Business in Texas

Step 1: Business Structure Step 2: Pick a Name Step 3: Register  Step 4: Federal Employer Identification Number Step 5: Open Company Accounts Step 6: Business Licenses and Permits Step 7: Ongoing Requirements Step 1 : Business Structure There are 3 basic options: a DBA, a Corporation or an LLC. A DBA or “Doing Business As” […]

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