Louisiana business owners who are interested in protection against liability may be interested in creating a limited liability company (LLC). One of the key benefits of having an LLC is that the owners of the business are not typically personally liable for the organization's debts. Furthermore, they are less likely to lose their personal assets if a judgment is entered against the LLC. Another potential benefit is the ability to choose how the entity is taxed.
Business relationships can be complicated at times despite your best efforts to establish boundaries and mutual agreements from the start. Reducing the chances that conflict occurs is something that you can do when you actively support and strengthen the relationships you have with other industry professionals in Louisiana. At Dale M. Maas, Attorney at Law, we are familiar with the challenges of maintaining professional relationships and have been able to help many businesses in their endeavors to create and grow beneficial partnerships.
For business owners in Louisiana, a lawsuit can be costly, both financially and timewise. To avoid this stress, there are proactive things owners can do to help prevent someone from suing them.
Small-business owners in Louisiana, depending on the structure of their businesses, may need to consider the state's succession laws when planning for their organization's continuity. At the office of Dale M. Maas, Attorney at Law, we make it a priority to help her clients craft estate plans that take into account their personal goals for their families as well as the futures of their companies.
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 reality is due in large part to your ability to create a strong and concise succession plan for the operation of your business after you are deceased.
A primary area of concern for many successful businesses in Louisiana is what can be done to protect the assets they have worked so hard to accumulate and preserve. Often, the answer is a collection of resources that contributes to preventing hazardous situations from destroying their wealth. These resources can include people like attorneys, processes like cybersecurity and even strategies like succession planning.
Those familiar with the way that the law works in other states may find some differences when they look at Louisiana legal structures. This is especially true when it comes to civil matters, such as contract law.
Going to work each day is a mundane part of life for many people in Louisiana. For lots of people, commuting the same roads, talking to the same people and completing the same tasks can get boring and dull. However, when people are part of an organization where they feel respected, appreciated and important can make a considerable difference in the motivation they feel to go to work, their productivity and their overall morale.
Business owners in Louisiana who are just starting out may be able to run the business alone for a little while, but as it grows it is time to begin hiring help. When hiring, owners can choose between having employees and independent contractors.
After you have gone through the hiring process at your new job in Louisiana, your cooperation has been requested in signing an employment contract. While you have agreed to sign your name on the dotted line, you may be questioning the purpose or necessity of an employment contract when you have already verbally committed to doing your job and being loyal to the organization.