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...
Business Law
Common construction dispute claims
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...
Why mechanical breakdown insurers need surety bonds
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...
How strong is your LLC’s corporate veil?
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...
Your employee handbook—simple, engaging but filled with specifics
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...
3 bylaw mistakes nonprofit leaders often make
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...
Thinking of forming a limited liability company in Baton Rouge?
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?...
State incentive programs for new businesses
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...
Drafting bylaws for your business
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...
An employment contract benefits both you and your employee
Some employers welcome a new hire aboard with little more than a handshake and a standard agreement. However, a contract provides benefits a more casual approach lacks. An employment contract contains essential details that will protect your business and ensure that...
