Why Are Commercial Leases So Difficult to Understand? Laws governing real estate transactions are some of the oldest in existence. While this is beneficial in that it gives real estate professionals plenty of examples to lean on and regulations to follow, the industry has developed a language of its own that can be difficult for …
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Venture Capital Term Sheet Overview After your startup has made it through the VC presentation stage, the next step is to negotiate a term sheet. Term sheets are relatively short contracts which list key financial information regarding potential funding arrangements, as well as conditions which must be met by a startup company prior to financing. …
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The Franchise Concept When most people think of franchises in Texas, they picture fast food chains and car dealerships. While these industries do lend themselves well to the franchise model, there are many others which are less well known but equally profitable under the franchise structure. The federal Franchise Rule defines a business arrangement as …
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Handling UI Claims in Texas Most Texas businesses with five or more years under their belt have received at least one letter from the Texas Workforce Commission (TWC) notifying them that a former employee has applied for unemployment compensation. Usually, this notice triggers business owners to do one of two things: Dismiss the letter as …
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What is it like to run one of the biggest companies in the world? Recently, it has been rather litigious. Google has had a number of lawsuits filed against it both domestically and internationally. Here is a look at some of the most interesting ones. Rosetta Stone v. Google While this lawsuit is ongoing and …
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Overview of the JOBS Act The recent passage of the JOBS (Jumpstart Our Business Startups) Act has political, business and legal experts discussing potential ramifications of the new law. The bill passed with bipartisan support on April 5th and contains some provisions that will give startups and investors new opportunities to work together. The JOBS …
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How to Pitch Your Startup to a Texas VC For those lucky few startups that receive invitations, the presentation phase of the Venture Capitalist funding process is crucial. This is your chance to pitch your project and sell investors on your company’s value proposition. Founders are usually given around thirty minutes for this presentation, including …
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The VC Courting Process in General Once a Texas startup has its governing and financial documents cleaned up, its founders are ready to reach out to potential Venture Capital investors and begin the mating ritual. This phase is traditionally the most enjoyable and exciting stage for startups because it gives them the chance to evaluate …
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