I recently identified the “Top 10 Things To Do When You Set Up A Texas Business.” The first thing to do is to talk with an experienced Texas business lawyer.
Because the Texas business attorney will give you advice that can save you time and money.
For example, you may learn that it makes more sense to form a Texas limited liability company instead of a Subchapter S corporation…or vice versa.
Or you’ll learn that business equity ownership should be structured differently than you originally intended because it will protect your interests, save you a fortune in taxes, etc.
Plus, you’ll discover the essential business contracts needed to protect your new venture.
In short, your legal consultation with the Texas attorney is an excellent opportunity to review and revise your business plans in a way to maximize your chances for long-term success.
On the flip side, entrepreneurs who ignore the legal aspects of a startup (in the Lone Star State or elsewhere), risk losing everything through the shortsightedness of believing messes can be cleaned up easily after the fact.
Wise business owners know that it’s easier to prevent legal problems than fix them later.
Are you’re ready to set up a Texas business? Schedule a phone consultation with Texas Business Lawyer Mike Young today.