As a business owner, you’ve likely invested considerable time and resources into getting everything up and running. But what happens when you are gone? Do you have proper plans in place to ensure a smooth transition? Without an individualized estate plan, your...
All companies rely on sensitive information to maintain a competitive advantage. This could be marketing strategies, client lists, trade secrets, brand ideas and much more. If such information falls into the wrong hands, it can be detrimental for the business. Unless...
Foot traffic used to be one of the top indicators of whether or not a business would do well. This is why location was seen as the most important quality of that business. A good location led to more foot traffic, and that led to more sales. Does this still matter in...
The first year can be very tough on a business. It’s common for startups to fail. Perhaps you live in a town with a retail location that seems like it’s constantly changing hands, with a new business in the space every couple of years. If you’re considering starting...
If you’re interested in starting a small business, you can do it in any season that you want. Often, business owners simply decide to open based on when the business is ready, when they can secure financing, when they have hired the appropriate staff and things of...
Starting a new company involves many decisions, and one of the most important is choosing the correct type of business formation. The structure you choose impacts your liability, taxes and ability to raise money. Business structures vary, and each has its unique...
Starting a new business can be an exciting time in anyone's life. Depending on what industry your Louisiana business operates in, you may want this company to sell alcohol. But first, you'll need to get a liquor license, which involves completing a series of important...
When you start up a new business, it’s going to be a difficult process. It’s a good idea to have some advice to follow as you take the firs steps to becoming a Louisiana entrepreneur.. Create a business plan You’ll need to set up the foundation for your business and...
Buying a franchise can be a great way to become your own boss without having to build a brand from scratch. However, this doesn't mean that you can simply open one in Louisiana and start making a profit from day one. There are still plenty of risks associated with...
Entrepreneurs in Louisiana have the ideas and energy to create new businesses. Sometimes people have the personal funds to finance their business dreams. Launching a startup with your own money gives you the greatest level of control, but you likely do not have...