Member-Managed vs Manager-Managed LLC
Nov 28, 2011
When forming an LLC in Louisiana, one of the things to consider is whether your entity will be member-managed or manager-managed.
In a member-managed LLC, the owners of the business are called the mem...
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Employee or Independent Contractor?
Nov 28, 2011
One of the first questions you have to answer when hiring someone is whether that person will be classified as an employee or independent contractor. Many business owners think that by hiring workers a...
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Why Ownership Should Never be Split 50/50
Nov 22, 2011
Ownership of your business should never be equally split between you and your partner (or 4, or 6, or any even number where a conflict can result in a 50/50 split). In the beginning of the business, ev...
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Registering your D/B/A in Louisiana
Nov 21, 2011
When a person wants to run a business under a name other than their own name or the name of their company, the owner should consider using an assumed name. This is more commonly known as a D/B/A or doi...
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