| Read Time: 4 minutes | Business Law

How To Remove a Member From an LLC in Texas

People form businesses together with the best of intentions. Entrepreneurs share a vision and work together to realize it. In many cases, they create a limited liability company (LLC) to maximize tax benefits and minimize business formalities. Unfortunately, the business world is not all sunshine and harmony. When conflict arises, many companies find themselves asking how to remove a...

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| Read Time: 4 minutes | Business Law

What Is Considered Corporate Reorganization in Texas?

Corporate reorganization allows businesses to change hands, branch out, or do what’s needed to keep the company going. It’s especially helpful if the company is having financial difficulties.  In this article, the business lawyers at Massingill goes over different types of corporate reorganization. The article also explores what goes into an excellent corporate reorganization plan and the accompanying tax...

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| Read Time: 4 minutes | Business Law

What Are the Elements of an Enforceable Contract in Texas?

Contracts are the bedrock of business. It’s how people create businesses, build company relationships, grow their brands, and keep things running smoothly. But what makes a contract enforceable?  This article explores the elements of an enforceable contract. The team at Massingill provides efficient and effective business solutions.  If you have questions, please contact us today. What Are the Elements...

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| Read Time: 4 minutes | Business Law

What Is the Difference Between a Copyright and a Trademark?

If your business has a brand—a website, merchandise, an identity—you may have valuable intellectual property and not even know it. In fact, your brand can be just as relevant to your bottom line as your revenue numbers if you nurture it correctly. And if you don’t? Well, you can only imagine what happens if someone else starts using your...

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| Read Time: 3 minutes | Business Law

How to File a Statement of Use for a Trademark in Austin, Texas

If you’ve started the process of registering a trademark, you may have come across the term “Statement of Use.” But what exactly is a Statement of Use in the context of a trademark application? And how do you know whether you’ll need one for your business?  At Massingill, we can help you answer these questions and more. When you...

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| Read Time: 4 minutes | Business Law

What Is the Process of Copyright Registration in Texas?

Copyright is an important type of intellectual property (IP). Specifically, copyrights protect original works of authorship as soon as the creator fixes the work in a tangible form of expression.  Common examples of copyrightable works include:  No matter what type of work you want to protect, registering your copyright is an important step to take to better protect your...

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| Read Time: 4 minutes | Business Law

What Is the Difference Between an LLC and a DBA in Texas?

A lot of acronyms can come out of the woodwork when an entrepreneur decides to start a new business. A new business owner might hear things about LLCs (limited liability companies), EINs (Employer Identification Numbers), and DBAs (“doing business as” names). But what’s the difference between a DBA and an LLC? The quick answer is that a DBA is...

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| Read Time: 5 minutes | Business Law

How to Add or Change LLC Ownership in Texas

Businesses change over time. It is very rare for the ownership of a company to remain the same over a long period of time, especially when there are multiple owners. Still, many business owners are unsure of how to change the ownership percentage of an LLC in Texas. In this article, we will discuss the two main ways to...

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| Read Time: 3 minutes | Business Law

What You Should Do If Your Business Partner Is Trying to Push You Out

When most people start a business, they don’t think about falling out with their business partners. On the contrary, this is a time of optimism and hope. But unfortunately, sometimes, business relationships do become strained. Below, we will discuss what happens when business partners decide to part ways and what you can do to protect yourself and your business....

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| Read Time: 4 minutes | Business Law

Buy-Sell Agreements in Texas—An Overview

You and your business partners put together an idea to make money, and you worked to make that idea come true. To achieve success, you had to pay attention to the details. However, remarkably few small business owners account for the future of the business’s ownership and continuity. A good buy-sell agreement does just that. In this guide, we...

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