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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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Contact our offices today at (737) 261-0602 to speak with a qualified member of our legal team.