Richardson Business Law Attorney
Decades of Experience Protecting Your Interests
The business law attorneys at MAS Law bring together a unique blend
of practical business experience and legal insights for executive management
of businesses and corporations in Texas and across the country. We utilize
sound business strategies to minimize the risks of operating a business.
In addition, we offer proactive and preventive business law solutions
that focus on long-term success for our clients. This is accomplished
by using our knowledge and experience to forecast potential risks, thereby
preparing our clients to anticipate and overcome potential business challenges.
MAS Law offers consulting solutions for businesses of any size.
Have questions about Business and Corporate Law? Check out our page for
Business and Corporate Law FAQs. You can also
contact us by dialing (972) 460-9339 for more information.
Business Entity Selection
Okay, so you have a great business idea and are ready to get it off the
ground. Where do you start? How do you ensure that you protect your interests?
What are the differences between a Limited Liability Partnership (LLP)
and a Limited Liability Company (LLC)? Setting up a new business requires
an ability to see the big picture, envision the future, and focus on many
technical details at the same time. MAS Law can evaluate your business
plan and identify the type of business entity that best suits your business
under Texas law. Contact us for a business law attorney that can help
you plan, form, and start your business.
Business Entity under Texas Law
In Texas, one size does not fit all when it comes to choosing the right
business entity. Selecting the right business entity will give your new
business a solid foundation for growth.
The best entity will depend on:
- The nature of your business
- Your projected income
- Your market
- Your assets
- Your objectives
- Your business plan
- Your goals
- The people involved (employees, management, executives, and/or officers)
- The level of tolerable risk
The most frequent entities recommended for Texas businesses are:
- Limited Liability Partnership (LLP)
- Limited Partnership (LP)
- General Partnership (GP)
- Corporation (Inc., Ltd., Corp.)
- Professional Association (PA)
- Professional Corporation (PC)
- Limited Liability Company (LLC)
Contact a business lawyer at MAS Law to learn what choice is best
suited for your Texas business.
Setting Up and Operating of an Entity under Texas Law
Your new business will need corporate by-laws for governance, policies
and procedures, partnership agreements, member agreements, shareholder
agreements, minutes, and other business-related documents. MAS Law attorneys will help you to navigate through the legal requirements set
forth by Texas law to ensure your success. Moreover, our business lawyers
have the knowledge to continue to help you and your business with the
on-going legal challenges all businesses face at some point. Please get
in contact with a member of our business law team to find out how we can
enhance your business.
After business formation, there are numerous legal documents needed to
establish the direction and management of a business in Texas. Our law
firm can guide your business in corporate governance and operations matters.
Our experienced corporate lawyers will help you with the legal formalities
of a doing business in the State of Texas.
Texas corporate law attorneys at MAS Law can help you with:
Corporate or company by-laws: We provide day-to-day operation planning and set forth governing standards.
Minutes and record keeping: Our corporate lawyers can help you adopt the most cost-effective and efficient
record keeping practices for your business. This will allow you to abide
by the legal obligations set forth by the State of Texas. It is also essential
to document board meetings and special discussions in order to effectively
follow the governing by-laws.
Shareholder control agreements: Ownership, member, and shareholder disputes can occur at any time in any
type of business entity, whether it is a large corporation or a small
business. Disputes may range from breaches of fiduciary duty and loyalty
to dilution of ownership interests, to valuation issues. Our corporate
lawyers can provide you with a Shareholder Control Agreement designed
to protect your interests and meet your needs.
Mergers and acquisitions, subsidiary formation: Acquiring, merging, investing, or selling a company is a complex transaction
and often represents the most significant investment a person can make
during their lifetime. MAS Law is here for you every step of the
way, providing you with the critical advice and guidance to make the acquisition,
merger, investment, or liquidation go smoothly. Our business lawyers can
help you through the financial, management, and risk assessment issues
associated with expanding, purchasing, merging, investing, or selling
of your business.
Short-term and long-term risk assessment: There is always risk involved with every business decision. Our corporate
lawyers can help you assess the short term and long term risks by paying
close attention to the internal and external factors affecting your business.
In any business dealing, it is imperative that you adequately protect your
interests and be wary of entering into any agreement without having an
attorney review the contract. MAS Law can prepare new agreements,
review old agreements you have, and provide suggestions to agreements
you are getting ready to enter into. After all, you are entering into
an obligation which can affect the performance and income of your business.
MAS is dedicated to protecting your most important investment, whether
it is for a sale, lease, warranty and disclaimer, financing, or any other
Business & Asset Protection
Different forms of business organizations or entities provide business
owners with varying types of protection including personal liability involving
the business activities. Selection of the proper business entity is a
vital part of asset protection. Moreover, legal supervision of the business
operation is also vital for business owners to maximize the protection
offered by his or her chosen commercial structure.
Our business lawyers help clients guard against potential veil piercing
or other exposure to liabilities such as alter ego. This is accomplished
by structuring our clients’ business transactions in ways that will
minimize such exposure.
Contact our business lawyers to see how we can help you with business and
asset protection. Dial (972) 460-9339 now or
contact MAS Law online.