Category: Articles

If you are buying or selling a small business in Texas, the letter of intent, often called an LOI, is typically the first document that sets out the terms of the deal. It arrives before the purchase agreement, before due diligence is…

Selling a business you have spent years building is different from any other financial transaction. The legal steps you take before going to market, during negotiation, and at closing determine not just what you receive, but whether the deal holds together after…

One of the most common misconceptions buyers and sellers bring to a small business transaction is that it involves a handful of agreements, a handshake, and a wire transfer. In reality, acquiring or selling a business valued between $3 million and $10…

Updated April 2026 A merger or acquisition is one of the most consequential transactions a business owner will navigate. Done well, it creates new markets, capabilities, and value. Done poorly, it exposes buyers and sellers alike to liability, disputes, and financial loss…

There has been a lot of confusion concerning the Final Rule introducing Part 795 of CFR Title 29 and expressly adopting the long-standing economic realities test for evaluating independent contractor status under the Fair Labor Standards Act (FLSA). Under the proposed rule, the U.S. Department…

The SBA made major modifications to its original  COVID Economic Injury Disaster Loan (EIDL) program, expanding the cap for federal disaster relief loans designed to better serve and support small business communities. The latest update to the EIDL program increased the cap…