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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...
When you began your business here in New Orleans, you knew you would hire employees. You may have found out quickly that, no matter how hard you try, it is nearly impossible to predict how an individual will really work out as an employee. As you readied your business...
Business owners depend on contracts to keep their companies not only up and running, but running as efficiently as possible. At some point, business contracts no longer serve their purpose and need to be terminated. While the hope is that terminating these legally...
When going into business, having a partner to do it with can have its advantages and disadvantages. For example, it is nice to have someone to share responsibility with, but both parties may not agree on how certain issues should be handled. Numerous business owners...
As a business owner, you want nothing more than to see your company succeed. Unfortunately, you know all too well that the road to success can be a bumpy one and that issues sometimes arise that may seem impossible to navigate, such as various internal company...
Workers across the United States are navigating unfamiliar waters during the unprecedented measures taken to stop the spread of the latest coronavirus. Employees may be feeling concerned about their safety and confused about their rights, especially if their...
