Texas offers a variety of business structures, including sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Each structure has its own set of advantages and disadvantages that business owners should carefully consider before making a decision.
Some of the steps you’ll need to follow to set up business in Texas include:
The exact steps you need to take will depend on your individual circumstances, including your business structure, the type of business you are conducting, and your location. The experienced Texas business attorneys at McCammon Law can guide you through the process.
Business succession planning is essential for the long-term success and stability of a business. Failure to have a proper success plan in place can result in unnecessary tax consequences, loss of control or even the dissolution of your business.
There are several types of succession plans available for business owners in Texas. Choosing the plan that’s right for you will depend on your individual circumstances and your ultimate goals. Most plans will fall under one of the these three categories:
Factors to consider when developing a succession plan include the size and structure of the business, the owner's personal goals, and the needs of the business's employees and customers. These are all topics to bring up during a consultation with your business attorney.
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138 Old San Antonio Rd.
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