Deciding on a business structure is one of the major components of business formation. Some individuals in Louisiana may be interested in incorporation. Therefore, it is important to understand some of the pros and cons of incorporating a business. One major advantage...
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Federal agencies oversee certain businesses in Louisiana
Businesses in Louisiana that are regulated by a federal agency generally must be licensed or obtain a permit to run their enterprise. The exact requirements necessary to obtain a license or permit depends on the agency at issue and the types of activities the business...
What types of contracts are there under construction law?
Construction projects in Louisiana are exciting, but they can also be complex. This is due in part to the fact that the project owner, builder and other parties will enter into various types of contracts with one another that will govern how the project will be...
What can be done about a construction defect?
When beginning a business, the first thing Louisiana residents are likely looking for is a good site to begin construction upon or a good building to start one's company up in. When a building that fits the description of what is being sought, it might seem too good...
Five ways to finance your new business
Opening your own business is a dream for many Americans. It allows you to be your own boss, pursue a passion and create something you are proud of. However, getting a business started is a lot of work and can be quite expensive. Here are five ways to come up with...
What types of assets might Louisiana businesses need?
When a person is forming a business in Baton Rouge, they must secure the assets needed to run their business. There are three general types of business assets business owners should be familiar with. One is tangible assets. Equipment and buildings are two examples of...
Construction defects include dry rot and wet rot
When a commercial structure is being erected in Louisiana, there are usually many parties involved in the project. There is the project owner, general contractors, subcontractors, suppliers and more. Specifically, when it comes to suppliers, those who contract with...
What is required to form a contract in Louisiana?
A construction project in Louisiana involves many entities, including the commercial property owner, the contractor, various subcontractors, and even financial institutions if the property owner took out a loan to purchase the premises. All these entities have one...
Why might Louisiana contractors benefit from subcontracting?
Construction projects can be complex undertakings involving many parties. Of course, there is the property owner, but in addition there are usually general contractors and third-party subcontractors involved in these projects. It is important to understand the roles...
Why legal oversight is crucial when drafting operation agreements
Starting a business involves covering all your bases. It is possible to strengthen each area of your comprehensive business plan with careful legal oversight. The plan itself will include various details related to its daily operations and financial management....