A strong contract can leave a business in an advantageous position. Purchase prices can be secured, consistent supply chains can be obtained, and new opportunities can be realized. Yet, these benefits are only brought to fruition when the terms of a contract are...
A primer of asset-based lending
Running a business can be challenging in a variety of ways. While securing talent and developing a business plan that sets one up for success may be difficult enough, these are just a couple of the numerous issues that business owners may face. One of the more...
Intestate succession in Louisiana
The issue of estate planning can be a touchy subject to many. Some in Baton Rouge may prefer to not even deal with it, preferring instead to allow their heirs to figure out amongst themselves how to divide up their assets once they are gone. This line of thinking no...
GE faces allegations of fraud over oil merger
We've spent some time on this blog discussing the benefits of mergers and acquisitions. These processes can help companies expand their operations, reduce their costs, and penetrate new markets. As helpful as mergers and acquisitions can be, though, they must be...
Limited partnerships and liability
The idea of generating a product or service that benefits our community is something to get excited about. This is why many people choose to start a business. While the idea of working for yourself may sound tempting, before taking the plunge its best to understand...
Can you arrange for your co-owners to take over your business
Over the years, you have worked relentlessly to build your business into a thriving enterprise in Louisiana. The thought of seeing it all become obsolete because you pass away can be both disheartening and alarming. Preventing this drastic outcome from becoming a...
Finding help with decision making when family is obsolete
There is a lot of information out there to help people plan for their future when they are coordinating an estate plan. Often, this information focuses on recruiting family and friends to provide support when the time comes that independent decision making is no...
Sole proprietorships can carry significant disadvantages
Starting a business can be nerve-wracking. For instance, the business structure that is chosen lays the foundation for not only a business operations, but also the risk business owners will assume. A business plan can have significant ramifications on investment...
Louisiana newspapers swept up in recent merger
It wasn't that long ago that newspapers were the number one source of current events on the local, national, and international level. Yet, as the Internet grew and this information became more widely available, more and more newspapers went out of business. In fact,...
How can you keep your Louisiana business out of probate?
When someone dies without a last will or estate plan, their assets will usually have to go through probate court. Even individuals who have carefully planned for the distribution of their assets when they die can still have their estates wind up in probate court....