A Texas Business Law Blog

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 …

While South by Southwest continued to go strong through the week, the portion most directly concerning Austin startups, South by Southwest Interactive (SXSWi), ended early last week. A lot happened and the pulse of the startup and tech world was taken. Here are some takeaways: Pinterest continues to grow, but may run into a legal …

The Path to Venture Capital Funding Obtaining Venture Capital investment is the ultimate goal of many Texas startup companies. VC’s can provide cash infusions that keep founder’s families fed, put product development on the fast track, and allow businesses to obtain the increased visibility required for long-term success in most competitive industries. Unfortunately, most Texas …

For many Texas businesses, an internal debate over whether to classify workers as independent contractors or employees has been raging for decades. In most instances, it is advantageous for a business to hire workers as independent contractors, since this allows the business to avoid the usual payroll tax and employment law compliance issues that accompany …

Selling a Texas Business Selling a small business in Texas is rarely a simple process, but it can be an enjoyable one if you plan ahead and set reasonable expectations from the start. Whether you are selling a company through a business broker or using a buy-sell agreement to transfer ownership of a business to …

Many cash-strapped small businesses in Texas are striving to answer the same question—how do you attract talented employees when you don’t have the budget to offer competitive salaries? What Are Top Notch Candidates Looking For? Historically, smaller companies without a sizable balance sheet have tended to suffer a competitive disadvantage when it comes to hiring …

The year 2011 was supposed to be a time when stringent lending slackened, giving small businesses more opportunities to obtain much needed loans. Unfortunately, this just has not been the case so far. A recent study by Pepperdine University found that only 17% of loan-seeking companies with less than $5 million in annual revenue have …

Non-compete Agreements in Texas During the course of his employment at a certain company, an individual might come across valuable information or training not available to the general public. The individual’s employer will understandably want to protect this knowledge that his employee has gained should the employee leave the company and may ask the employee …