Guidelines About The Services Provided By The Most Qualified 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.

Such tasks sometimes involve complex legal considerations that are best handled by experienced New Orleans Business Attorneys. If these tasks are not completed properly or if they are not completed at all, your business may face financial jeopardy. Some of the top issues that New Orleans business attorneys can help you with are discussed below.

Choice of Business Structure

After deciding to start a business one of the first critical decisions that you will need to make is the type of structure your business will have. New Orleans business attorneys will be able to explain to you the pros and cons of sole proprietorships, partnerships, corporations and limited liability companies. The type of business you intend to operate as well as your personal and business priorities will determine which type of business entity is best for you.

Transferring Ownership

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.

Hiring Employees

New Orleans business attorneys will be able to advise on you on the type of employee relationship that is appropriate for each type of position your business requires. Whether the relationship will be that of an employee or independent contractor, it is important that the terms of the relationship are clearly stated in a well-written agreement. In addition to clauses such as rate of pay, duties and duration of position, you also may need to include clauses related to confidentiality, ownership of work product, noncompetition, and tech privacy.

Exit Planning

If you are just starting a business, making a plan for what will happen to the business when you decide to retire or pass away may not be a priority. However, it is important to plan well in advance for the future of your business with respect to ownership, management, and operations. New Orleans business attorneys will be able to design a plan tailored to your wishes that ensures the continuity of the business after it changes ownership, protects business assets, and minimizes tax consequences.

Protecting company intangible assets

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.

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.




About the Author:



No comments: