Few personal processes are more complicated than divorce. This process involves people, their feelings and fears, and their joint assets, and few people come out happy. Most divorces also involve contentious property division of marital assets. These are the reasons...
How divorce can make or break a family owned business
Couples face many uncertainties when they decide to file for divorce. It is difficult to predict who will claim primary custody of the children, who will keep the current home, or what will happen to the family business. Depending on the nature of your business, some...
Important lessons for businesses from the past two years
The past couple of years have forced business owners to contend with numerous challenges. Taking proactive measures to strengthen management practices and key relationships has helped businesses withstand tough times. Here are some ways that businesses have persevered...
Business plans serve as a guide during economic change
The economic situation can change greatly during the lifespan of your company. A business plan can help ensure that you adjust to new developments. The Houston Chronicle says that studying the market can be a good business strategy. However, this requires you to...
Alternative Financing Options for Your New Business Venture
Traditional banks typically turn down loan applications from new businesses that lack an operating history or satisfactory credit score. As a result, many Louisiana startups never develop beyond an idea. Fortunately, these alternative financing options can help your...
What should you look for in a business partner?
When you start a new business endeavor, you may want a partner to share the operational and financial responsibilities. While choosing the right person can support success, selecting the wrong partner can potentially result in conflicts. Keep these considerations in...
