Baton Rouge Business And Construction Law Blog
Is substantial performance good enough in construction?
Just as with people, no construction project is perfect. After all, during some phase of building projects, something inevitably goes wrong. Still, if an owner pays for a specific type of build, should not he or she receive exactly that? The doctrine of substantial...
3 tips for choosing the length of a commercial lease
Leasing commercial space is often one of the biggest monthly expenses for business owners. That makes it essential for startup companies and established brands alike to take contract negotiations very seriously. One of the most important considerations when choosing a...
What should your company’s operating agreement include?
An operating agreement documents the policies and procedures of your business, typically used for a limited liability company. If a dispute arises within the company, this agreement will guide the resolution process. Review the key elements to consider when creating...
Mishandling finances could create problems for your startup
You have a business idea and you are ready to begin bringing it to life. Setting it up properly from the start may help you avoid hassles, and possibly worse, in the future. One topic with which many new entrepreneurs struggle is handling business finances. This is...
What construction firms should know about Louisiana surety law
Large construction projects and other financial endeavors require a surety bond in Louisiana. This type of insurance policy guarantees that a construction firm will meet the terms of a contract. Failure to do so can result in a financial payout for the project owner,...
What every subcontractor should know about mechanic’s liens
As a subcontractor, you may be wondering how to obtain relief if a client fails to pay for the work you complete. Understanding some of the basics may help you enforce your right to collect. Even if you have prior experience or knowledge regarding mechanic's lien...
The pros and cons of LLCs
Choosing a structure is one of your earliest tasks when you are starting a business. Keep in mind that the business structure will determine legal and tax matters. The benefits of a limited liability company structure often outweigh the disadvantages for business...
How to avoid common construction claims
As the owner of a construction business, you likely know a significant amount about estimates, production costs and client engagement. Battling clients in arbitration or open court is probably not in your skillset, though. You also do not want to take time away from...
Tips for starting a business in Louisiana
Start-up advisers consider location an important factor in the success of a new business, and if an entrepreneur has decided to launch a new enterprise in Louisiana, he or she has already made an excellent choice. As noted in Forbes magazine, however, the specific...
3 ways to prevent trade secret disputes
As a business owner or executive, you must constantly think of innovative ways to keep existing customers happy and attract new ones. Whether you have an in-demand product, a tasty recipe, a unique way of doing business or another trade secret, you have an interest in...
