The most challenging yet essential part of running a small business is doing the little things. However, these tasks will catapult you to the top and make you successful. If you own a small business, ensure you are doing these tasks. 1. Manage cash Businesses tend to...
Forming a limited liability company separates your personal assets from your business assets. An LLC structure is looser than a corporation, but you still must comply with Louisiana’s revised statutes for forming this entity. The law requires you to file articles of...
You may assume that a commercial lease is similar to a residential lease, and in some ways it is. But commercial leases must address additional items that are not applicable to a residential property. Knowing what these items are is crucial to making good decisions...
When bidding for a construction project, several things can result in your company accidentally submitting inaccurate information. Be aware of common mistakes and follow these practices when calculating your next bid to avoid a costly situation where you might have to...
The impact of global warming is a hot topic. According to NPR, Louisiana ranks fifth in the nation in carbon production. Recently, the government announced that the state would work towards carbon neutrality. A move to save the world from future destruction seems like...
Construction companies and project owners face numerous challenges during a project's lifespan. However, all parties can minimize their risks by entering into contracts that spell out specific details, obligations and provisions. These are the essential elements every...
If the time is right for you to establish your own construction company, what kind of structure do you have in mind? Liability issues are important to consider and the kind of work you do will help determine the structure of your new business. Here are three types to...
When running a construction company, it helps to know the kind of disputes you may face. Armed with the basics may assist in navigating the claims. Laws are not only in place to protect consumers but you as a business owner. Take a look at some examples of the more...
If you are running an auto insurance company, you may attract more clients by offering mechanical breakdown insurance. Many car insurance policies do not cover major systems such as the transmission and engine, so you can get an upper hand in the market. However, it...
As a construction professional, you need to prepare yourself for stumbling blocks. You may encounter some issues that will temporarily halt a job, or worse, cause you grief after it is complete. Some construction issues are unavoidable, while others may prove...
