As a family-owned small business owner, you have worked countless hours to build and grow your business. However, have you considered what will happen to your business when you are no longer around? Estate planning is essential to securing your … [Read more...] about Securing Your Legacy: Essential Estate Planning Tips for Family-Owned Small Businesses in Louisiana
Business
Protecting Your Assets: The Legal Framework for Intellectual Property Estate Planning in Louisiana
As a business owner or creator of intellectual property assets in Louisiana, ensuring your assets are protected and transferred according to your wishes after your death is essential. This requires a clear understanding of the legal framework for … [Read more...] about Protecting Your Assets: The Legal Framework for Intellectual Property Estate Planning in Louisiana
When Should I Shred My Important Documents?
It’s spring! And the perfect time to clean your desk and file cabinets. But with that comes the question… What Documents Can You Dispose of and What Should You Keep? Here are some basic guidelines to help you get started: Tax Returns As a … [Read more...] about When Should I Shred My Important Documents?
How to Start Your Business Year Strong
It has been a tough couple of years for many small businesses, but, as the adage goes, what doesn’t kill you makes you stronger. … [Read more...] about How to Start Your Business Year Strong
How to Remove a Member of an LLC
As a business grows, its ownership structure may change and an owner may need to be removed. Removing an owner of a limited liability company (also known as a member) may become necessary if a member retires, dies, changes career, commits a breach of … [Read more...] about How to Remove a Member of an LLC
How to Dissolve a Partnership on Good Terms
Many business partnerships eventually come to an end. Like other types of relationships, when business partners decide to split up, the process can be amicable or contentious. For personal and professional reasons, dissolving the partnership on good … [Read more...] about How to Dissolve a Partnership on Good Terms
What to Know Before Investing in a Small Business
With the country emerging from pandemic lockdowns and economic activity beginning to expand, small business owners are optimistic about the future. Supporting local businesses can help them grow and thrive in a post-pandemic economy. But what if you … [Read more...] about What to Know Before Investing in a Small Business
Common Business Formation Mistakes
The key to a successful business is having the right people, financial knowledge, effective processes, and a well-researched business plan. According to the Bureau of Labor Statistics, approximately 20 percent of businesses fail in their first year, … [Read more...] about Common Business Formation Mistakes
The Business of Marriage: Considerations for Married Business Owners
Owning a business can impact every area of a person’s life. The impact is uniquely felt within a marriage. Married business owners must consider the ways in which their marriage may impact their business and vice versa. Failure to think about how … [Read more...] about The Business of Marriage: Considerations for Married Business Owners
Selling Your Small Business: What You Should Know
Determining whether to start a business is a major life decision. For small business owners, deciding when and how to sell the business is arguably even more consequential. Before selling a business, the owner is likely to spend many hours and even … [Read more...] about Selling Your Small Business: What You Should Know