by Mark Smith | Jan 25, 2015 | Blog, Corporate Law
Under Texas law, a “contract” generally refers to an agreement between two or more persons that creates an obligation to do or not do a particular thing. Frady v. May, 23 S.W.3d 558, 565 (Tex.App. – Fort Worth, 2000, pet. denied). There are many types of contractual...
by Mark Smith | Jan 19, 2015 | Blog, Business Formation
Many entrepreneurs or small business owners find it difficult in getting their venture off the ground because of insufficient capital. Typically, the most common sources of starting capital for small-businesses are personal funds and investment or gifts from friends...