Small Business

Registered Agent Service Options

TrustBridge Legal provides professional and reliable registered agent services for Texas corporations, limited partnerships, and LLCs, as well as out-of-state entities doing business in Texas. All clients must sign a standard agent services agreement, which details the terms of our relationship, and a credit card authorization form, to allow automatic billing for annually renewed service. Service tailored to your business We offer three registered agent packages, depending on the type of entity requiring service: $59 per year – Single-member LLCs, professional corporations and […]

Is It Better to Be Your Company’s Registered Agent or Use a Service?

If you’re thinking about forming or already own an LLC or corporation, no matter what state you’re in, you’re required to have a registered agent. Sometimes called a resident agent or statutory agent, business owners must name this entity on business formation documents filed with the state. These agents act as the company’s point of contact with the state and for service of process, ensuring that you receive notices of lawsuits filed against the business or other legal documents in a timely manner. […]

Member-Managed vs. Manager-Managed LLCs

Choosing an LLC as your new business’s structure is a solid move. LLCs are relatively easy to create and they provide asset protection and limited personal liability for their owners. One of the important decisions you must make when forming your LLC is how the company will be managed. LLCs can either be managed by their members (owners) or by managers (sometimes the owners, but sometimes employees of the LLC). Which one is right for your LLC? Here are some considerations to think […]

Should Your Texas LLC be Owned by a Trust?

The limited liability company (LLC) has become arguably the most popular business structure, because it offers personal liability protection for its member-owners and the flow-through tax advantages of an S corporation. Trusts are popular asset transfer vehicles that provide protection from creditors and probate avoidance. Using these two powerful planning tools together can create even greater asset and liability protection for business owners. So whether you’re still thinking about starting a company or already own an LLC, the benefits of this compelling combo […]

Texas Single-Member LLC Owners Gain More Protection

On September 1, 2023, Senate Bill 2314 became law and changed the landscape of asset protection for small business owners across the state of Texas. But this significant change in the law seems to have slipped under the radar. Owners of single-member LLCs now enjoy the same protection from creditors that owners of multi-member LLCs have had for years. Seems like cause for celebration, right? Absolutely. So why didn’t this announcement make the big splash it deserved? In large part because most business […]

The New Corporate Transparency Act: What Every Small Business Needs to Know

On January 1, 2024, the Corporate Transparency Act (CTA) goes into effect. The CTA has far-reaching implications for millions of small businesses, creating new reporting obligations for owners and decision-makers. Understanding the impact this new law has on your business is critical, as the law imposes civil and criminal penalties for non-compliance, including fines up to $10,000 and imprisonment up to two years. So let’s find out if the CTA affects your business and what you may need to do to comply. What […]

Which Business Structure is Right for Your Startup?

Congratulations, you’ve decided to start your own business. But now there are a thousand things to do before you can start welcoming customers into your office. One of the first things you have to consider is what you want the structure of your business to be – that is, how it will be seen for tax purposes and what protections it will provide you as owner. It’s a big decision, but thankfully there are only a few different options, and we’re about to […]

Understanding Financial Ratios

To understand your business, you have to understand the numbers. Even if you’re not mathematically inclined, or you have a degree in engineering instead of accounting, there are some simple financial ratios that will give you a quick, high-level view of your business without having to bother your CPA. These ratios measure the relationship between two or more elements of your company’s financial statements. Tracking and comparing the results over several accounting periods allows you to follow trends in your company’s performance and […]

RESOURCES

Registered Agent Service Options

Is It Better to Be Your Company’s Registered Agent or Use a Service?

Member-Managed vs. Manager-Managed LLCs

Should Your Texas LLC be Owned by a Trust?

Texas Single-Member LLC Owners Gain More Protection

The New Corporate Transparency Act: What Every Small Business Needs to Know

Which Business Structure is Right for Your Startup?

Understanding Financial Ratios

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