Texas Business Law: Frequently Asked Questions
Last updated on September 3, 2024
With decades of experience helping Amarillo clients resolve business issues, the Morgan Williamson LLP attorneys understand complex business law matters. We hope the answers to common questions can address your concerns. If not, call us at 806-705-7546 to discuss your situation with a lawyer.
What are the main types of business structures available?
How you structure your business can affect your liability and taxes. There are several business structures to choose from, including:
- Corporation
- Limited liability company (LLC)
- Limited liability partnership (LLP)
- Limited partnership (LP)
- General partnership
- Benefit corporation
There are benefits and downsides to each structure. Our attorneys can educate you about them and help you make an informed decision.
What contracts and legal documents are required to start a business?
When forming your business, it is important to have the right legal documents in place. You may need to use and alter many of them repeatedly as your business grows. Some examples include:
- Partnership contracts
- Incorporation documents
- Employee agreements
- Articles of organization
- Licenses and permits
Our attorneys at Morgan Williamson LLP can help you gather or create the necessary documents during business formation.
How can I ensure my business complies with state and federal regulations?
It is essential that businesses follow state and federal regulations, as violations can lead to serious penalties. Always stay updated on business law changes. For even more protection, consider reaching out to a business lawyer to address concerns about regulation compliance.
What steps should I take to protect my business’s intellectual property?
Your business should have a clear, distinguishable identity. You can protect your business identity and intellectual property through:
- Trademarks: Protects brand names, logos and slogans
- Patents: Protects inventions and new processes
- Copyrights: Protects original works of authorship, such as literature, music and art
We can help you create these and other protections, ensuring your valuable business intellectual property remains secure.
Our Attorneys At Morgan Williamson LLP Are Here To Help
You can count on us to help you with business formation in Texas. To talk with one of our Amarillo business lawyers, call us at 806-705-7546 or complete our online contact form.