Big Firm Experience With Small Firm Benefits

Texas company facing employment discrimination lawsuit

An employment discrimination lawsuit was recently filed against a company in Austin due to allegations that they retaliated and discriminated against one of their former employees in 2014, an article of SE Texas Record reported.

According to reports, the American Eagle Protective Services Corporation allegedly violated the rights of their former employee Christine Reid, who started with them in 2012. In the lawsuit filed by Reid, she accused American Eagle of terminating her from her work as a security agent. The company was further accused of using Reid’s previous medical condition against her, causing her to claim she was discriminated and retaliated against.

If your company is being threatened with an employment lawsuit, working with a skilled business lawyer is an important way to make sure you have the best representation possible to protect the interest of your company. Find out how an Austin lawyer of Adam Pugh may be able to work for you today by calling (737) 261-0602.

Possible financial resources to fund a small business

Here comes a typical scenario: You come up a brilliant business idea that you think could earn you a profit, but you hit a wall when you realize that you do not have the funds to start it. Potential entrepreneurs should know that there are several financial resources that they could tap to start their business.

Individuals who have been employed for many years could use their “401 (k)” often called the retirement savings plan. Potential entrepreneurs who have come up with a unique business model or set of products could try crowdfunding sites to ask people on the internet to finance their idea. For years, crowdfunding sites have helped many projects and businesses come true. Propose the business plan to an “angel investor” who might be interested in your idea. Individuals who have maintained appealing credit score could apply for a loan in banks offering business loans or in their credit card providers. Potential entrepreneurs should understand that there are advantages and disadvantages in any of the above financial resources and their decision could make or break the business.

If you want to know more about how you could get financial assistance to fund your small business in Austin, an attorney of Adam Pugh may work for you. Our skilled business attorneys may tirelessly work on your behalf to possibly support your business idea. Call us today at (737) 261-0602 to learn more about your options.

What individuals should know before buying a small business in Texas

Individuals who want to become business owners could opt to buy an existing business. Though there are several advantages of buying a business, it can also be risky and costly if business buyers make wrong decisions.

Individuals should understand that research plays a critical role when considering whether to buy a business. For example, potential business buyers could make a logical decision if they know why a particular business is being sold. An in-depth investigation is also important, especially if you have unanswered questions regarding the business. In Texas, business buyers may coordinate with local and state offices to get information about the business’ background. Business buyers may also want to study the financial statements of the business so they can know its actual assets and liabilities. Make sure you know all the laws and regulations concerning the operation of the business. Once you make up your mind and if you have the startup capital you need, you may want to offer a reasonable bargain to the business owner.

The Austin attorneys at Adam Pugh understand how risky it is to buy a business. If you are considering this investment, our experienced business attorneys may be able to offer you legal advice to make sure your interests while running a business are protected. Call us today at (737) 261-0602 to learn more about your options.

Things to consider when choosing a business location

Experienced business owners know how important it is to determine exactly where to open a business because it will help determine whether the venture will succeed or not.

When you are planning on starting your own small business, one of the factors to consider when looking for the “perfect” location is your plan and purpose. A restaurant business will likely fail if customers and suppliers are far from its location. When looking for a location, make sure your business complements other existing businesses in the area. Keep in mind that operating a business in cities is more expensive, versus when you decide to operate in a rural town. Minimum wage may also vary depending on the place you operate. Lastly, make sure to determine the particular legal requirements of the place you are looking to settle.

If you have difficulties determining where you will place your business, an experienced business attorney may be able to give you insights for the kind of business you want to operate. Find out how an Austin attorney of Adam Pugh may be able to work for you. Find out more by calling (737) 261-0602.

Understanding the professional corporation

Individuals in Texas who have completed a degree in the field of engineering, medicine, law, or education should know they can start their own business by providing services related to their profession.

Like in other states, professionals may start a “professional corporation” business in Texas if they think consumers or the general public have a demand for the kind of service they can offer. A person or group can offer “professional services” upon securing a license that allows them to perform or offer the practice and after they register with the Texas Secretary of State. Professionals considering this kind of venture should know they have to pay a $300 filing fee and state franchise taxes.

If you have decided to start your own business, enlisting a skilled business attorney is important, especially if you are unfamiliar with the intricacies of starting a professional corporation. Find out how an attorney of Adam Pugh in Austin could work for you today by calling (737) 261-0602.

Business trends that could earn you income in the year 2017

It is the time of the year when people brainstorm on what kind of business they could operate as the new year begins. Here are the following business trends that individuals may consider starting in the year 2017:

  • The real estate industry is expected to be in demand as the population and business entities continue to increase.
  • Manpower pooling is also expected to become a trend next year to compensate the increasing demand for booming businesses.
  • Wholesale industry
  • Businesses that provides logistic services
  • Electronic commerce (e-commerce) industry
  • Businesses that sell equipment
  • Businesses that provides outsource design and development services

In this exciting time in which you are planning to start your own business, seeking help from a legal counsel is crucial because you will need to comply with certain laws that could affect your investments. Get in touch with a lawyer of Adam Pugh in Austin today by calling (737) 261-0602.

Owners of Ramen Tatsu-Ya in Austin planing to put up another branch

Two business partners in Austin, who own a Japanese-inspired eatery serving ramen noodles, have plans of setting up shop in Montrose, an article of Austin Business Journal reported on November 11.

According to reports, chefs Takuya “Tako” Matsumoto and Tatsu Aikawa are planning to open another branch of “Ramen Tatsu-Ya” as part of their expansion. The new eatery will be located at 1722 California Street in Houston, and it will be their third branch to serve traditional Japanese foods. Aikawa and Takuya currently have branches on South Lamar Boulevard and near Ohlen Road. Ramen Tatsu-Ya is expected to compete with other promising ramen hubs in the Houston area.

Expanding your business can be exciting and stressful due to the amount of effort and money you must put in to make your plans happen. However, if you are considering business expansion in Austin, an attorney at Adam Pugh can offer legal insights to help lessen unforeseeable business risks. Learn more about your options from us today by calling (737) 261-0602.

Dozens of data breach lawsuits filed against Yahoo!

Sunnyvale-based multinational company Yahoo! recently said they are facing 23 lawsuits after data from millions of users was accessed illegally, a report of Business Insider stated on November 9.

Reports revealed the plaintiffs, who represented stakeholders of Yahoo!, were seeking a class action lawsuit against the search engine giant. Yahoo! said in September that the data of at least 500 million accounts got accessed illegally since 2014. In a statement, Yahoo! said that aside from the lawsuits filed against them, they are also under investigation by federal agencies, which could negatively affect their business. Yahoo! CEO Marissa Mayer expressed her gratitude in October for consumers who continue to patronize their products despite the data breach. Several federal agencies are currently working with Yahoo! to determine the cause of the data leak.

The Austin legal team of Adam Pugh represents individuals whose businesses are threatened with lawsuits. If you think such a frustrating situation is happening to you, we can tirelessly work on your behalf to make sure you get the best legal defense available to you. Call us today at (737) 261-0602 to learn more about your options.

Rights entitled to business “shareholders”

Any person, institution or a company who owns a portion of a company’s share can be considered as a “shareholder“. Also called “stockholders,” shareholders should be aware that they have rights, even if their presence is not critically essential in decision makings. Below are the following rights entitled to shareholders:

  • Right to get a portion of a company’s declared dividends
  • Right to decide on the business assets liquidation during critical times like bankruptcy and/or dissolution
  • Right to conduct inspections of the company’s transaction documents
  • Right to file a lawsuit against the corporation
  • Right to cast a vote for board directors or members, or make a decision if the business should be combined with other businesses

Shareholders in the corporate level should know that they could not be held liable if the company whom they partly own acquires too much debt from creditors.

If you want to know more about your rights as a business shareholder in Austin, get in touch with a Adam Pugh lawyer. Find out how we may work on your behalf today by calling (737) 261-0602.

Local permits needed when starting a business in Texas

Before you can legally operate a business in Texas you will have to deal with complicated paperwork and secure permits that are required by the state and the jurisdiction where your business will likely operate. Depending on the nature of your business, you may need to acquire permits for the following:

  • Alarm permits
  • Building permits
  • Business license and tax permits
  • Health permits
  • Occupational permits
  • Signage permits
  • Zoning permits

Business permits are required to make sure your business complies with the standards set by the city or county where your business is located. Securing business permits, however, could be much more complicated if you are planning to put up a web-based business that caters to people outside of your jurisdiction. Businesses that have the required permits are perceived by consumers to be credible and reliable.

If you are unsure of what kind of permits are you going to need for the business you are planning to start, seeking help from a legal counsel is worth considering to save time and money. Find out how a lawyer at Adam Pugh may work for you today by calling (737) 261-0602.

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