Tips On The Services Provided By The Finest New Orleans Business Attorneys

By Aisha Jacaruso


Whether your business is a startup or has been around for several years, whether your business grosses thousands of dollars each year or millions of dollars each year, it is important for you to make sure your business is protected from financial losses that could result from failing to properly care for everyday business legal issues.

Whether you are contemplating legal issues related to starting a new business or you are grappling with complex legal issues regarding your existing business, it is important to make sure that they are addressed by someone with experience. The consequences of failing to do so could include fines, tax problems, and additional legal problems. Here are just a few of the most common issues that New Orleans business attorneys help business owners address.

Business Structure

Under Louisiana law there are several different types of business structures: sole proprietorship, limited liability company, partnership, S corporation, and C corporation. In determining how to structure your business, there are a number of different considerations, including tax and liability issues. New Orleans business attorneys will explain to you these options and advise you on the long-term ramifications of the option you select.

Buying and Selling a Business

If you decide to buy an existing business, there are several steps to take and issues to consider before the deal ultimately closes. A few of the steps include agreeing upon a purchase price with the owner based on a professional appraisal, completing due diligence to uncover hidden problems, if any, agreeing upon payment terms, and signing a purchase agreement that has first been reviewed by New Orleans business attorneys.

Hiring Employees

Well-written employment agreements will ensure that both you and your employees understand the expectations and limitations of the employment relationship. Moreover, clearly written independent contractor agreements will not only define the terms of an independent contractor relationship, but will also ensure that the relationship is not misconstrued as an employee-employer relationship.

Succession Planning

Oftentimes business owners take great care to start a business, but do not plan as well for exiting the business. If you would like to eventually turn over the running of your business to your child or to a key employee, it is important to plan in advance. New Orleans business attorneys will help you develop a plan that will ensure the smooth transitions of both your duties as well as your financial interest in the company to the person of your choosing.

Intellectual Property

Your most valuable business assets may be intangible, such as software, domain names, the name of your business, inventions, and trade secrets. Because of the intangible nature of such assets, properly protecting them can be complex. New Orleans business attorneys have the experience to draft licensing agreements, confidentiality agreements and other agreements that will protect your ownership interest in such assets, as well as filing the appropriate paperwork to copyright, trademark or patent your intellectual property.

Whether you would like assistance prior to starting your business, need help with long-term business planning or have a business problem that needs immediate attention, contact Barrios Kingsdorf & Casteix.




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