Business Law

Legal Counsel for Highland Lakes Businesses

Practical business law services for entrepreneurs, family businesses, and established companies in Horseshoe Bay, Marble Falls, and throughout the Highland Lakes region.

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Business Formation & Contracts

Whether you're launching a new venture, expanding an existing business, or planning for succession, proper legal structure and documentation protect your interests and set you up for long-term success.

Tavera Law helps Highland Lakes business owners navigate entity formation, contract drafting, operating agreements, and business transactions with practical, cost-effective legal guidance tailored to Texas law.

From sole proprietorships to multi-member LLCs, from simple service agreements to complex partnership arrangements, we provide the legal foundation your business needs to thrive.

Common Business Needs

  • LLC and corporation formation
  • Operating agreements and bylaws
  • Partnership agreements
  • Buy-sell agreements
  • Contract review and drafting
  • Business succession planning

Business Law Services

Comprehensive legal support for every stage of your business journey.

Entity Formation

Choose the right business structure—LLC, corporation, partnership, or sole proprietorship. We handle Texas Secretary of State filings, EIN applications, and initial documentation to get you started properly.

Operating Agreements

Custom operating agreements for LLCs and bylaws for corporations. Define ownership percentages, management structure, profit distribution, and decision-making authority to prevent future disputes.

Partnership Agreements

Comprehensive partnership agreements outlining roles, responsibilities, capital contributions, profit sharing, and exit procedures. Protect all partners with clear, enforceable terms.

Contract Drafting & Review

Draft and review service agreements, vendor contracts, employment agreements, non-compete clauses, and confidentiality agreements. Ensure your contracts protect your interests and comply with Texas law.

Buy-Sell Agreements

Plan for ownership transitions with buy-sell agreements. Establish valuation methods, funding mechanisms, and trigger events for ownership changes due to death, disability, retirement, or disputes.

Business Succession Planning

Develop comprehensive succession plans for family businesses and closely-held companies. Coordinate business transition with estate planning to minimize taxes and ensure smooth ownership transfer.

Choosing Your Business Structure

Understanding the differences between business entities helps you make the right choice for your situation.

Limited Liability Company (LLC)

Key Advantages:

  • Personal liability protection
  • Flexible management structure
  • Pass-through taxation (avoid double taxation)
  • Fewer formalities than corporations
  • Easy to form and maintain

Best For:

Most small businesses, rental properties, professional services, family businesses

Corporation (C-Corp or S-Corp)

Key Advantages:

  • Strongest liability protection
  • Easier to raise capital and attract investors
  • Perpetual existence
  • Stock options for employees
  • S-Corp pass-through taxation option

Best For:

Businesses seeking investment, companies planning to go public, businesses with multiple shareholders

Partnership (General or Limited)

Key Advantages:

  • Simple to form
  • Pass-through taxation
  • Shared management and resources
  • Limited partners have liability protection (LP)
  • Flexible profit distribution

Best For:

Professional practices, real estate investments, joint ventures between existing businesses

Sole Proprietorship

Key Advantages:

  • Simplest structure
  • Complete control
  • Minimal paperwork
  • Easy tax filing
  • Low startup costs

Best For:

Solo consultants, freelancers, low-risk businesses, testing business ideas

Business Formation Process

From initial consultation to fully operational business, we guide you through every step.

1

Consultation

Discuss your business goals, structure options, and legal needs. We'll recommend the best entity type for your situation.

2

Formation

File formation documents with Texas Secretary of State, obtain EIN from IRS, and complete required registrations.

3

Documentation

Draft operating agreement, bylaws, or partnership agreement. Create necessary contracts and policies.

4

Ongoing Support

Provide guidance on compliance, contract review, and business growth as your needs evolve.

Ready to Start or Grow Your Business?

Schedule a free consultation to discuss your business law needs. We'll review your goals and create a legal foundation for success.

Schedule Free Consultation