Most businesses would rather not have any involvement in an employee’s divorce. However, a divorce requires spouses to produce accurate and complete financial information. That means salary data, of course. However, owners and executives can have complex compensation...
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...
Choosing the right business structure is crucial for your Louisiana venture. Look beyond the usual suspects and discover the hidden gem: the limited liability company (LLC). Here are some reasons why it is a great choice. Limited liability The core advantage of an LLC...
It isn't uncommon for most new businesses to fail during their first year in operation. However, there are steps that you can take to give your Louisiana firm a chance to beat the odds. One key step is creating a business plan that provides a clear roadmap for how the...
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...
Seasonal businesses can be both profitable and difficult to run in Louisiana and around the country. They often have massive profits from holidays and the days and weeks surrounding holidays. Profits from that period are supposed to last for much of the year. As a...
When you start a business in Louisiana, the government can help you grow with various incentives, tax credits and other benefits. However, this help is not always easy to find and access. Here are some types of incentives and what it takes to get them. Enterprise zone...
In Louisiana, individuals can obtain credit through a facility that allows them to borrow against securities they own, called a securities-backed line of credit (SBLOC). The line of credit provides flexibility similar to a credit card. However, using an SBLOC comes...