The merger or acquisition of an existing business can be an excellent growth opportunity for a company looking to expand. A grocer based in a neighboring state recently acquired 7 grocery stores in Louisiana formerly operated by another grocer. The grocer that is expanding noted that the 7 new grocery stores adds to its footprint which now includes Louisiana and two neighboring states. The grocer now operates 47 locations in the 3 neighboring states.
There are a variety of steps involved in dissolving a business and it is important to know what they are and be familiar with each. The requirements may also vary by state so it is also important to be familiar with the requirements in your state and is a good idea to be familiar with business law generally.
This blog recently looked at selecting the best business form for any business so it might be helpful to take a look at the different business form options that are available. As recently discussed, there are a variety of important impacts the sometimes seemingly meaningless selection of a business form has related to control of the business, the daily activities of the business, tax consequences, regulatory requirements and liability for the business and its members.
Forming a business is an exciting opportunity but one that should come with the right guidance concerning business formation and the importance of selecting the right business form for the venture. Business form selection should be able to help support the business's growth as it begins but also as it grows, changes and evolves and develops into the successful business the business owner envisions.
Zoning is essentially the regulation of land use by the government for planning purposes, among others. Zoning laws can come into conflict with the interests of a property owner or developer and are an important aspect of commercial real estate and real estate law to understand.
Nobody wants a contract dispute to interrupt their business deal but when a contract breach arises, it is important to know how to handle it. A contract relationship creates obligations between the parties. When one party fails to perform their obligations, it is referred to as a breach of contract.
There are many people who would like to be their own boss in Louisiana. In order to do this though, people generally have to start their own business and run it. This is not as simple as just doing some marketing, getting customers and earning money though. It is important that the people have the right business structure when they get started. If they do not, they could find themselves in legal issues later on that could have been avoided.
Investors and entrepreneurs in the Baton Rouge area are often looking for new and different ways to access new markets and sources of funding. After all, one of the critical elements of keeping a business going is maintaining a broad pool of creditors and investors who are willing to take a risk on the person's business. Without having funding, a business is going to die quickly.
Most Louisiana estate planners set up their estate plans not for themselves but for the family members they leave behind. However, one false move and your best-laid estate plans could lie in ruin -- resulting in huge costs, headaches and difficulties for your loved ones.