When you started your Louisiana business, you had high hopes for building and developing an operation that was successful and profitable well into the future. If you started your company alongside a business partner, the two of you together probably put in a...
In the construction industry, general contractors in Louisiana and elsewhere depend on subcontractors to achieve job completion. Before a subcontractor begins work on a project, they and the general contractor should sign a contract laying out the subcontractor's...
When two parties enter a contract together, the assumption is that both sides will adhere to the terms of the agreement. Should one party fail to do this, it can be frustrating and costly. For a Louisiana business, this is much more than just an inconvenience. It...
You’ve had an issue arise with your business that you are struggling to resolve. Alternative dispute resolution methods are not working out the way you had hoped. This has you wondering if litigation is worth pursuing at this point. It may be, but it may not. Here are...
When a Louisiana business owner starts a company, he or she will have to make important decisions that could impact its future operations. One of these decisions is deciding the structure of the business. If there are multiple founders, then a partnership is...
There is a lot involved in the business formation process. One of the first things business owners in Louisiana need to do is write company bylaws. Doing this can be more difficult and involved than one might think. What should be included? Company bylaws cover a...
A partnership is an arrangement between two or more people who run a business together. In this type of business structure, the two parties will share responsibilities for running the company, including paying debts associated with the business. When two or more...
You work hard to keep your company going strong and your employees happy. You thought you were doing everything right, following the letter of the law, and addressing any issues that come up in a timely and proper manner. Unfortunately, you’ve come across a situation...
Business owners in Louisiana and elsewhere do what they can to obtain the products that they need for a reasonable price. They contract with suppliers they believe are honest and responsible. However, it is not uncommon for business owners, at some point, to feel they...
Sometimes getting a business up and running and keeping it running smoothly takes some help. Business owners in Louisiana may take on partners, seek out investors and, if their companies grow enough, may end up with shareholders. A fiduciary relationship is formed and...
