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The terms of many contracts can have a major influence on how beneficial arrangements end up being for a business. A contract can force a company to uphold specific terms, commit them to a long-term business relationship and lock them into pricing. Contracts also...

Business contracts tend to serve as the backbone of entrepreneurial relationships because they define rights, duties and obligations between parties. As enterprises grow, these agreements should remain aligned with evolving business needs, market trends and...

The terms included in a business contract can guide how a company operates and may dictate how profitable operations prove to be. Contracts can give a business access to leased commercial facilities. They can ensure that companies have appropriate talent provided by...

Contracts, by their nature, help to minimize the risk of business conflicts. Contracts can help specify the nature of a business relationship and what obligation each party has to the other. They provide a clear record of agreements between two parties that helps to...

Managing the succession process in Louisiana can be quite a challenge. Individuals often struggle to understand their responsibilities and properly fulfill them. Small mistakes can lead to litigation in succession court or even personal financial liability. Mistakes...

Homeowners association (HOA) neighborhoods exist all throughout Louisiana, and often their operations are straightforward and uncomplicated. Still, there are legal implications to every decision made by an HOA, and sometimes actions taken by the HOA can have legal...

Your work is valuable, which is why you don’t do it for free. Your employer must compensate you for your time and effort. If they fail to pay you, you have the right to take legal action against them, as they may be committing wage theft. However, before you decide to...

Insurance companies have a difficult task to handle. They have to determine who is making genuine claims, how much to pay those people in benefits and manage their holdings at the same time. If they pay out too much, it could hurt the business. If they don’t pay out...

It’s possible for small, medium and big businesses to go after government contracts and to have the resources needed to complete that contract on time and up to standard. That said, government contracts are not the same as others and include a Statement of Work that...

The idea of leaving your business can be hard to think about, but there comes a time every business owner will have to face the future. Preparing for what will happen to your business when you pass it on will ensure its continued success. A succession plan can help...