By: Charles Moster

Drifting snow, chiming bells, and rosy cheeks mark the beginning of our merry holiday season.  And many businesses anticipate the greatest holiday gift of all: the economic outlook has begun to turn rosy as well.

Economists and CEOs alike foresee an increase in sales and a growth in capital during 2010. However, while companies plan to rake in more cash next year they don’t necessarily plan to hire new help. According to Business Roundtable Quarterly, large corporation CEOs anticipate a year of healthy economic expansion but not a resurgence of hiring.

The year 2010 may find millions of recently unemployed Americans still struggling to find a place on the corporate payroll.  But many of these displaced business men and women will forgo the job search in order to seize a different opportunity: they will become entrepreneurs in a burgeoning economy, creating lucrative opportunities for themselves and others during a year of fiscal growth.

Austin, Texas is a hotspot for entrepreneurs for several reasons. It is the third fastest growing small business community with more than 30,000 small businesses (CNN Money). While the city of Austin is large and full of opportunity, its residents stay true to local brands and local businesses. Austin ranked as the #4 Best City to start a small business according to bizjournals.com, thanks to its business friendly tax structure, availability of financing, and robust and skilled labor pool.

While Austin may sound like a winter wonderland for building and growing a business, this doesn’t make it a simple process.  In a city where great ideas are constantly emerging, protecting your intellectual property becomes exceptionally important.  Gaining access to investment requires a great idea, a detailed plan, a “WOW” pitch and a network of interested investors.  And then successfully managing and growing your business requires dedication, hard work, and sometimes even a little extra help (Santa has elves for a reason).

A report by Dun and Bradstreet estimates that companies with fewer than 20 employees have a staggeringly low 9% probability of surviving ten years in business.  MWR Legal is a law firm dedicated to helping entrepreneurs and executives join this elite 9%.

We have years of experience helping myriad companies throughout all stages of their businesses – from the initial launch to perfecting pitches for investment, avoiding litigation to maximizing rapid growth (of clients, income and employees) and ultimately selling the business.

Please check out some of our success stories or simply call us to talk with our Director of Client Relations. We would love to discover how we can help you unwrap your own Entrepreneurial Gift and start, grow, and protect your business! 

Happy Holidays and best wishes to Entrepreneurs everywhere!

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