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...

Baton Rouge Legal Blog
Buying Or Selling A Business
Is a private equity deal the right choice for my business?
Private equity firms (PE) can provide much needed funding for small and mid-sized businesses. This funding can catalyze innovation and expansion, setting the business up for continued future growth. But is it the right choice for your business? Afterall, you may...
3 tips for taking over an existing business
You have always loved one of the businesses in town, and when it went up for sale, you were sad it was going to shut down. Then, you found out that the owner was willing to sell the business with its name and branding. The business is very popular in the local area,...
Questions to answer before buying a business
Maybe you're looking to buy a business because you've always wanted to work for yourself, or to diversify or expand your current operation. Regardless of the reason, this is a big decision that will impact you personally, financially, and professionally.Here are some...
Take these steps to prepare to sell your business
There may come a point when you realize that selling your business is the best decision you can make. Regardless of why you want to go down this path, it's important that you take the right steps at the right time.Proper preparation will put you in the best possible...
Avoiding common mistakes when selling a company
Business owners in Louisiana and throughout the country may decide that now is the time to sell their companies. While the sale of a business can help to solidify a person's financial future, there are many pitfalls that can arise during the sale process. For...
How to sell a company
Business owners in Louisiana may decide one day that they would like to sell their companies. However, it can be difficult to determine exactly how much a business is worth or what steps need to be taken to get it ready to sell. A buyer will typically consider how...
Mistakes that are commonly made when purchasing a company
There are several mistakes that entrepreneurs in Louisiana and elsewhere tend to make when purchasing their first businesses. For instance, they may take on more debt than they can afford to repay. Individuals who spend too much to acquire a business may not have the...
Variables to consider when selling a company
There are many factors that business owners in Louisiana should keep in mind when it comes to selling their companies. By timing the sale properly, they are more likely to obtain top dollars for their organizations. There are many factors that may determine how...
Selling a family business can be a lengthy process
Louisiana residents who are thinking about selling a family business have many transition options to explore. While all of them come with certain challenges, each also has its benefits. It's also important to note that timing should be considered. If a person is...