Under the Constitution, citizens of this great nation have rights when their private property lands in the hands of government control. This is a way to separate business from government control and has served our country well so far. Sometimes the government and private business butt heads when there are competing interests. A Louisiana company has filed suit against the government for what they claim to be an illegal takeover of their business and property.
Whether you are soon-to-be new business owner or an experienced business owner starting a new venture, there is more to starting a vision than the creative vision. There are some not-so-exciting details, like deciding on a business structure, that can have a huge impact on the success of your small business. Essentially, choosing a certain business structure can negatively or positively impact your business in ways that you may not have even know were possible. There are several options to choose from.
If your business is ready to take the next step and merge with another business, that's great! For a business to be profitable enough or desirable enough to be attractive to a competitor or someone similar in the industry is a compliment. As the owner of a small business, you have likely worked very hard to build the business into what it is today. There are lots of angles to consider when thinking about beginning a merger of a business.