Starting a small business is both a stressful and exciting time for entrepreneurs, especially in 2021. However, because there is so much to consider when establishing a business, it is not surprising when owners forget about the legal basics. The choices made in the early days of starting a small business are perhaps the most critical to avoid legal issues in the future. Read below to learn about three basic things every small business owner should know and how the Dallas law firm of Ritter Spencer Cheng PLLC can advise business owners on getting started. 

No consumer wants to be the victim of a fraudulent transaction. Unfortunately, businesses often attempt to engage in deceptive or misleading acts. The Texas Legislature enacted the Texas Deceptive Trade Practices Act, also known as the DTPA, in 1979 to protect individuals and companies from commercial scams. The DTPA empowers consumers and businesses to pursue legal action against deceptive companies and individuals as a consumer protection statute. While consumers in Texas are encouraged to be mindful of their financial and commercial activity, many consumers are unaware of the nuances of the DTPA. Read below to learn important information about the DTPA and how the Dallas law firm of Ritter Spencer Cheng PLLC can help protect businesses and consumers.