Franchise and multilevel marketing (MLM) businesses are often attractive because they offer people the chance to start a small business with a well-known brand and an established business model. However, these businesses present different types estate planning challenges because their rights and obligations are spelled out in contractual agreements. What Is a Franchise? When you […]
If you are a restaurateur, you have crucial demands on your time, but you should still find the time to create an estate and business succession plan. If you become ill or suddenly pass away, who will run the business in your stead? Is there someone else who is authorized to make payroll, pay your […]
Today we welcome guest blogger Natalie Lynch to share important information about Veteran-Owned businesses in Texas. There is great news for Texas veterans who want to be business owners. Back in 2015, the Texas legislature passed Senate Bill 1049, which allows qualifying Texas veterans who have been honorably discharged to incorporate their businesses in Texas […]
Most business owners have their estate planning prepared because they are worried about what will happen to their business after they are dead. However, proper estate planning has the added benefit of allowing you to make plans for what will happen if you are incapacitated or needing to be away from your business for an […]
