Wednesday, 12 August 2015

A Guide On The Services Rendered By The Most Qualified New Orleans Business Attorneys

By Aisha Jacaruso


When making the decision to start a business, owners typically have the skill and experience to offer a great service or a quality product. However, operating a business goes beyond providing products or services to customers. To ensure a business' financial stability and long-term growth, there are many issues that may be beyond the expertise of business owners.

New Orleans business attorneys are available to not only assist you in the face of a crisis, but also to help avoid future problems through proper advance planning. Some common business issues that New Orleans business attorneys can help you with include issues related to business structure, buying a business, employee agreements, succession planning and protecting intellectual property.

Choice of Business Structure

A common issue that business owners face is determining the appropriate way to set up the business. There are several different ways that you can set up your business in Louisiana including as a sole proprietorship, partnership, S corporation, C corporation and limited liability company (LLC). Not only will experienced New Orleans business attorneys be able to help you determine the best option for your business needs, such attorneys will also complete the necessary paperwork and file it for you.

Buying and Selling a Business

Buying or selling a business is more than simply exchanging a check for the keys to the business. A close look at the business by New Orleans business attorneys may uncover important issues that must be considered when negotiating the sale of your business or the purchase of a business. For example, it may be necessary to address the fate of key assets used by the business that are not owned by the business such as real estate or intellectual property.

Employment Contracts and Agreements

If you are at the point in your business where you need more help you will be faced with hiring employees or independent contractors. Hiring people to work for you may raise a number of issues regarding confidentiality, workers' compensation, benefits as well as tax and reporting requirements. New Orleans business attorneys can draft employment agreement and workplace rules that will help ensure that you and your business are well-protected should the employment arrangement sour.

Exit Planning

If you are concerned about what will happen to your business once you retire or pass away, New Orleans business attorneys can help you put together a plan for your business to smoothly transition from your control to someone you designate in advance. A comprehensive succession plan will include a review of the corporate structure to ensure ease of ownership changes, a determination of the most efficient method of transferring the business, and a determination as to who should be the future owner or manager of your business.

Intellectual Property

Logos, domain names, and inventions are all examples of valuable intangible assets that are key to the success of your business. It is important to properly protect such assets. There are a number of different ways that New Orleans business attorneys can help you protect your business' intellectual property, including through copyright filings, trademark registration, patent applications, and licensing agreements.

Business structure, transferring ownership, employment agreements, exit planning and protecting intangible assets are but a few of the many important issues that the experience of New Orleans business attorneys may prove critical. To learn more about how we can help your business with legal issues, contact Barrios Kingsdorf & Casteix LLP today.




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