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...
Business Law
There are various types of corporations in Louisiana
Some entrepreneurs in Louisiana may decide they want to establish a company in the state, and some of them may decide they want their business to be a corporation. However, under business law, there are various types of corporations to choose from. Thus, before making...
Is an LLC the right type of business for you?
You've had the entrepreneurial bug for a while now. You're finally ready to take the plunge and start your business. How do you begin? You may have heard or seen the phrase "LLC" or "Limited Liability Company" in your preliminary research. But what is it? Is...
We assist Louisianans with their business law needs
Many people in Louisiana have a strong entrepreneurial spirit that contributes greatly to our state's economic success. However, starting a business involves more than just a good idea. There are many steps in the business formation process that must be followed for a...
Why might some Louisianans be interested in franchising?
Some people in Louisiana may want to establish a business, but they may not want to have to build their enterprise from the ground up. After all, establishing a business as a sole proprietor is a large undertaking and there is no guarantee of success. However, one...
Many business law transactions fall under the umbrella of merger
Sometimes two businesses in Louisiana will decide that it would benefit them both financially to join forces and consolidate, in what is generally called a merger. While mergers often involve large companies, it is important to note that even small businesses can be...
Tips for Louisiana businesses that have decided to dissolve
An entrepreneur in Louisiana may cultivate and grow a business for many years. However, for a variety of reasons, they may reach a point where they decide that it is best to close their doors. Having an exit strategy in such situations is imperative to ensuring that...
Executing a business plan can benefit Louisiana entrepreneurs
There are many legal aspects to starting a business in Louisiana. It is important that any applicable regulations are adhered to, that the right permits are obtained, that any necessary paperwork is filed with the appropriate entity and that any applicable fees are...
Business law points to consider regarding incorporation
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...
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...
