Becoming a shareholder of a Louisiana-based company may come with many rewards but also numerous risks. One way shareholders can protect themselves is by ensuring the shareholders’ agreement contains the right information. What information should be included in this...
There is a lot involved in getting a limited liability company up and running. Creating an operating agreement is just one of the many things owners of LLCs may want to consider completing during the formation process. Whether one’s company is a sole proprietorship or...
You finally did it. You decided this year would be the year that you open your own business. Maybe it was a spur of the moment idea, or maybe it has been something you’ve been planning for a while; either way, congratulations and let the work begin. There is a lot...
Few people here in Louisiana or anywhere else would disagree that 2020 has been one of the most challenging years in recent history. With everything going on, many small businesses have experienced setbacks from which they could have some trouble recovering. The...
There is a lot that goes into setting up a business. It isn’t as easy as just setting up shop and opening one’s doors. The state of Louisiana requires business owners to file various legal documents during the business formation process. When creating a corporation,...
All Louisiana residents currently in the job force are entitled to work in environments that are free from hate, harassment and retaliation. Unfortunately, many do not, and if they choose to say something about it, they often feel their concerns fall on deaf ears....
You started your Louisiana company with the intention of serving your customers or clients and making a profit. Even if you anticipated the amount of work it would take, you may not have anticipated the amount of legal matters you would encounter on a daily,...
Going into business with a partner can have a lot of benefits, but it is not without its problems either. Business partners do not always end up getting along, disputes arise, and how those disputes are handled can make or break a company. A partnership agreement is a...
Single-member limited liability companies work well for Louisiana small business owners in a variety of industries. They provide owners with the protections of an LLC as well as the freedom of a sole proprietorship. However, this autonomy can lull an entrepreneur...
Starting and operating a Louisiana business requires a great deal of your attention. Every day, you have to make decisions that will probably affect its success. While you make those choices, you cannot forget to address legal matters that could also make or break the...
