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...
One of the bigger advantages of forming a limited liability company is the protection it offers you from your LLC's creditors. With few exceptions, your business's creditors cannot go after your personal assets. That is, the extent of their recovery depends on your...
You are about to launch your new business, a dream that is days away from becoming a reality. You believe you have thought of everything with regard to the staff you expect to hire. But did you create an employee handbook? Though engaging and easy to read, this should...
If you are starting a nonprofit venture, you can improve its odds of success by writing comprehensive and meaningful bylaws. After all, your organization's bylaws may guide virtually all aspects of your venture. Because launching a nonprofit requires accomplishing...
To be competitive, contractors in Louisiana and across the country often must keep their profit margins low. When clients pay, tight profit margins are not typically a problem. If one or more of your clients refuses to pay for the services you have already provided,...
Perhaps you launched your Baton Rouge consulting company as a sole proprietorship a few years ago, but business is increasing, and you need to add staff. The idea of restructuring into a limited liability company comes to mind. What are the advantages in doing so?...
Starting a business in Louisiana may come with valuable incentives. Louisiana Economic Development offers several programs for new companies in the state, creating an attractive economic landscape for businesses of all sizes. Entrepreneurs considering Louisiana as a...
Perhaps you have dreamed of starting a business of your own for a long time and the opportunity is finally on the horizon. Think the process through carefully and find success by avoiding the mistakes other new business owners have made. Prepare a marketing plan Many...
In Louisiana, a special set of statutes known as the Public Works Act protects the payment rights of subcontractors who provide materials or labor for state government construction projects. Under this act, subcontractors facing a payment dispute may be able to...
Although Louisiana does not require bylaws for new businesses, this document can help company operations run smoothly. Generally, bylaws include information about the company's organizational structure, policies and financial details. Review the important components...
