Top Choices

• Sole Proprietorship

• General Partnership

• Corporation

• Limited Liability Company

When deciding what legal structure to use for a new business, most people find that they make the decision based on a combination of three factors: Initial Cost; Tax Considerations; and Liability Exposure.  While there are several other specialized forms of business allowed in Texas, 99% of new businesses begin as one of the four legal forms shown above.

Initial Cost - Sole Proprietorships and General Partnerships are the least expensive forms of business to set up and maintain.  Even though it is not legally required, we always recommend a written agreement for General Partnerships.

Tax Considerations - For businesses making a significant profit, an LLC or Corporation allows business owners to avoid most Self Employment Tax.  If you are not expecting an immediate profit, a Sole Proprietorship will minimize your expenses while still allowing deductions on your personal tax return.

Liability Exposure - If your business runs the risk of being sued, you have two forms of protection available:  Business Insurance and the limited liability protection offered by a Corporation or LLC.  While neither choice is 100% sure, they both offer a reasonable degree of protection against someone suing you for your personal assets -- as long as you have operated your business legally and in good faith.

For More Information, call our office or sign up for the Legal Structures Seminar below.

Seminars

Legal Structures - May 11th, 5:30 pm

Microsoft Systems - May 13 & 14

Get organized, Get Ahead with the new Microsoft® Office System and Windows® Small Business Server 2003, plus Microsoft Windows XP Professional, Windows SharePoint™ Services, and more. Harness the full power of your technology to increase efficiency, connect to information more easily, and better ensure your data’s safety. Far beyond any Office you’ve seen before, the Microsoft Office System is loaded with powerful new tools and services that can dramatically change the way you do business. Register now and get an up-close look at how the new Microsoft Office System can help you be more productive. All attendees will be automatically registered for a drawing to give away two free software packages.

Presenter will be Larry Garcia, Business Development Manager for Microsoft Corp.  $35 in advance.

• Accomplish daily goals. Learn how to organize your desktop and discover how the new Microsoft Office System can make it easier to conduct research, get peer feedback, and track customers.
• Connect in new ways. Accessing the information you need has never been so easy, with new tools like SharePoint Services and Remote Web Workspace in Windows Small Business Server 2003.
• Keep your data secure. Fend off outside threats and keep your business safer when you know how to control the security of your files and overall system.

Changes are coming to the Fair Labor Standards Act which may affect small business, especially those in the Ag sector.  Clay Gibson with U.S. Department of Labor will present a seminar on the current standards and coming changes in FLSA.
$35 in advance.

About Our Online Registration System - If you wish to register online for a seminar or workshop, you will be asked for the information necessary to complete your registration, including name, address, and contact information.  You should also be prepared to include a credit card number for payment.  Your information and your transaction will be secure, and none of it will be released to any other parties without your prior approval.

Please Note

Newsletter

Our e-mail newsletter software had to be replaced recently.  Our apologies for any missing or late newsletters.

Office Schedule