Growth in the DFW metroplex is booming, and the City of Flourish is one of the driving forces. Unfortunately, the City has had a difficult time keeping up its infrastructure with the growing population. Recently the City selected a bid from Slab Mixer Co., a concrete pipe manufacturer, for culverts for a project widening
Selling Your Business: Why Accurate Financials are Important
This is the fourth installment of a series discussing potential pitfalls that JR and Sue Ellen Pawlenty, who own Pawlenty Energy, should be wary of when they are trying to sell their business. Recently, Tilting the Scales highlighted Successfully Selling Your Business: Top 6 Potential Pitfalls; So You Might Sell Your Business Someday: Do …
Successfully Selling Your Business: 4 Tips – No Matter the Buyer
Among the growing number of business owners looking to sell their business, JR and Sue Ellen Pawlenty are in the market to sell their company Pawlenty Energy. Recently Tilting the Scales highlighted Successfully Selling Your Business: Top 6 Potential Pitfalls and So You Might Sell Your Business Someday: Do You Need a Broker? For multiple…
Have You Made Your New Year’s Resolutions for Your Business?
With 2015 upon her, Cinda Bossey is making her action item list for her business, Bossey Boots. Although the bulk of her time and efforts are spent on getting the business running and generating revenue, occasionally she asks herself whether she has cleared all of the necessary legal hurdles. What should Bossey ask her attorney?…
An Invitation to Investors Risks Losing Control of Your Business
Cleve and I recently discussed how a business owner’s divorce might result in losing control of the business. While loss of business control by marital divorce is a real threat, many business owners lose their companies through “business divorces” after squabbling with their investors.
Some new businesses are overnight successes, like Ben Distiller’s Texas Whiskey…
Protecting your Business from a Lack of “Wedded Bliss”
Richard and Rachel Rich married 30 years ago and enjoyed a tempestuous union ever since. One year prior to their marriage, Richard started up a small computer products company, Orange Computers. During the marriage, Orange Computers’ business skyrocketed after the introduction of their premier line of attractive digital personal assistants. Even after taking his business public, Richard still owned a majority share of Orange’s stock and was believed by the public to be the digital guru responsible for its success.
Continue Reading Protecting your Business from a Lack of “Wedded Bliss”
Five New Texas State Laws from the 83rd Legislature Affecting Every Business
Jeff Leach (LRM associate and Texas House Representative), helped us recap 5 bills of critical interest to you and your business passed in the last Session.
DRUG TESTING FOR UNEMPLOYMENT BENEFITS (SB 21)
Drug testing required to receive unemployment benefits IF employer required pre-employment drug screening.
The legislation, effective September 1, mandates if someone submits …
Protecting Your Piece of the Pie: Texas Adopts the Uniform Trade Secrets Act
Pizza the Action is a major distributor of pizza dough and toppings and provides these products to many large national pizza chains. Pizza the Action’s top sales person, Eaton Wright, just announced that he was resigning and that he had accepted a position with The Pie’s the Limit, an upstart competitor in the very same…