In America, contracts are simply a way of life. Business owners make them to protect themselves from problems. For example, a good contract with another business could guarantee deliveries at a certain time. A contract with employees could make sure they don't share...
Protections for contract disputes
As this blog recently discussed, unfortunately, contract disputes can arise and can create strain for a small business or important business relationships. It is best to know how to resolve contract disputes and get the business relationship back on track as quickly...
Maryland-based company buys Baton Rouge operation for over $400M
Large companies involved in processing and manufacturing often have several components to their business and supply chain that make it a successful and profitable business. It can be helpful to think of each component of these businesses -- often located in several...
How do I respond when a contract has been breached?
Businesses are entering contracts every day which makes contracts an important component of a company's daily business. Businesses also rely on the contracts they enter into so a business owner will likely wonder what to do when they have suffered a breach of...
Private mergers attractive option for those with privacy concerns
When thinking about your business, are there certain details you wouldn't want shared with the public? For publicly traded companies, there really isn't an option to keep secrets, other than trade secrets or other related content. This is because publicly traded...
The basics of a merger
For any business owner considering a merger, there is a lot they should know. A merger is a big step for any business which is why it is essential for business owners to understand how the merger process works. Mergers can have an impact on not only the business but...
Baton Rouge franchisee sells 26 Baton Rouge area McDonald’s
A well-known Baton Rouge area franchisee has reportedly sold 26 McDonald's restaurant locations to a different investor. Franchises are a great way to become a part of a larger business opportunity that allows for investment and growth in a more well-known brand or...
How do I buy a franchise? Part 1
Franchise opportunities can be excellent business opportunities, but it is important to know how to approach them and get answers to all of your questions beforehand. Franchising can offer less control than if the entrepreneur owns their own business. A franchise...
Part 2: How do I buy a franchise?
Once the entrepreneur has decided on franchising, it is both necessary and important to conduct their due diligence. To begin with, the entrepreneur should obtain a Uniform Franchise Offering Circular which will include reports about the franchise's legal, financial...