People may have an idea for a new business in Louisiana or may have been working for a company for a long time and want to branch off and start their own business. This can be an exciting time, but business formation also takes a significant amount of planning before...
Louisiana among states with recent increase in business formation
Across the nation, the current circumstances have impacted businesses and people in myriad ways. For many, starting a business might have been pushed to the backburner until the situation is stabilized. However, in Louisiana and other states, a growing number of...
Tips for creating a business succession plan
If you own a business in Louisiana, it is important that you have a succession plan in place. This is true even if you don't think that you will be retiring or giving up control of the company anytime soon. Let's take a look at the process of creating a plan and how...
Choosing the right business name
There are many things to think about when starting a new business in Louisiana. One of the most important is the business name. Business owners have many theories and strategies when it comes to picking a name for their new endeavors, but one thing that people...
Consider liability when choosing business structure
When choosing a structure for your new business, one of the most important things to consider is liability. The amount of personal liability you take on will determine whether you will be held liable for damages that occur during the operation of your business or any...
How an attorney can help when you are starting a business
Becoming an entrepreneur is exciting. To own one's own successful business and be self-sufficient is the American dream. However, setting up a new business to begin operations can be stressful if a first-time business owner does not have experienced advisors. There...
What is a joint venture?
When business opportunities present themselves, Louisianans need to be ready to act. This doesn't just mean coming up with enough money to fund a business endeavor. It also means engaging in sound business formation and planning. Upfront, choosing a business formation...
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...
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...
Baton Rouge to see business selling CBD products
As states across America begin to loosen their grip on marijuana and marijuana-related products, many are taking advantage of business opportunities. Less than a month ago, the State of Louisiana began issuing permits to businesses to sell hemp-based CBD products,...