9400 Grogan’s Mill Road, Suite 305, The Woodlands, Texas 77380 • CALL TODAY FOR A FREE CONSULTATION : (832) 592-1108
9400 Grogan’s Mill Road, Suite 305, The Woodlands, Texas 77380 • CALL TODAY FOR A FREE CONSULTATION : (832) 592-1108
At Wham & Rogers, PLLC, our business lawyers in The Woodlands are asked many questions about business law, best practices, and the rights of business owners. In addition to offering comprehensive legal representation, we also want to help individuals understand business law concepts in a simple way.
Below, we discuss some of the most commonly asked questions our attorneys receive, along with practical and useful answers that may be helpful. If, after review, you still have questions, do not hesitate to give us a call at (832) 592-1108.
Let’s review some business law and business litigation questions and answers that apply to businesses of all shapes and sizes.
A business lawyer is a licensed attorney who has education and experience in state and federal laws that apply to starting and operating a business. Business lawyers also often have experience with employment matters, partnerships, intellectual property, trade secrets, and compliance.
Business law attorneys help clients in all stages of business development – from idea to operation, partnerships to dissolution. At Wham & Rogers, we have helped small businesses, startups, corporations, nonprofit organizations, franchises, and many others.
If you choose to consult a business lawyer in The Woodlands about your business-related matter, there are a few things you can do to prepare for your consultation:
If you believe that your dispute will result in litigation, or litigation is already underway, it is beneficial to have a business lawyer on your side. There are a number of steps that a business lawyer can assist you with to protect your rights and interests, and uncover possible resolution options.
Many business law matters can be resolved through alternative dispute resolution, or ADR. Common ADR methods include arbitration and mediation. These options allow both parties and their legal counsel to appear before a neutral third party (arbitrator or mediator), who will guide them through negotiating a settlement.
A nonprofit organization is a corporation with a specific purpose, including:
Most often, nonprofits are dedicated to furthering social causes, advocacy, education, and research. In essence, they are a business operating not for profit, but to further their cause and benefit society. Nonprofit organizations are exempt from state and federal income taxes, and are sometimes referred to as 501(c)3 organizations. 501(c)3 refers to the Internal Revenue Service (IRS) tax-exempt code.
Corporations and LLCs (limited liability companies) are similar in that they are both incorporated businesses. A corporation, however, is more formal and requires more oversight, compliance, and structure. An LLC is more flexible in structure and requirements.
Before starting your own business, there are definitely some important things to consider. At Wham & Rogers, we recommend entrepreneurs consider the following:
There is no requirement that you have a lawyer represent you when you start a business. However, starting a business, and then operating it, is a major responsible and there are risks. Working with a lawyer as you start your business can help identify and mitigate risks, ensure that you have considered all possible obstacles, and provide peace of mind that you are starting your business on the right legal footing.
Starting a small business does have some risk involved. Often, entrepreneurs are using their own money to get started, and they frequently are not well versed in potential perils that may arise. Working with a business lawyer is the best way to minimize risk as you start and operate your small business. Together, we can mitigate risk by doing the following:
Piercing the corporate veil refers to a court allowing plaintiffs and creditors in a business dispute to receive compensation from corporate directors, officers, or shareholders for damages. Generally, recovery is limited to corporate assets.
The questions discussed above are certainly not the only ones our business lawyers in The Woodlands are asked. These are, however, among the most common. At Wham & Rogers, our goal is to provide high-quality, comprehensive legal guidance to business owners throughout the Greater Houston area. If you have questions about starting or operating a business, contact us to find out how we can help.
Our team of attorneys have helped numerous business owners protect their rights and business interests against even the most complex legal challenges. Find out more by calling Wham & Rogers at (832) 592-1108, or by completing the form on our website.
The information on this website is for general information purposes only. None of the information on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
9400 Grogan’s Mill Road, Suite 305, The Woodlands,
Texas 77380.
Free Consultations 24/7
Phone: (832) 592-1108
Text: (832) 413-1428
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9400 Grogan’s Mill Road, Suite 305, The Woodlands, Texas 77380
Free Consultations 24/7
Phone: (832) 592-1108
Text: (832) 413-1428
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The information on this website is for general information purposes only. None of the information on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. The verdicts and settlements listed are representative and are not a guarantee or prediction of the outcome of other claims.
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