Practice: Emerging Companies and Start-ups
-
Business Litigation
Five Signs Your Business is Ready for the Next Generation
- January 25, 2016
- By Allen & Gooch
Family businesses make up 80% of all U.S. businesses, and yet only 30% of these businesses successfully survive a transition to the next generation. Dwight Drake, Closely Held Enterprises 335 (2013). One key question that many family businesses face is whether the company will survive the transition to the next generation. Here are five signs […]
-
Business Litigation
Demystifying Term Sheets – The First Step for Closing the Deal
- October 15, 2014
- By Allen & Gooch
So what is a Term Sheet, anyway? A term sheet is essentially an outline of a proposed transaction. This allows the parties to identify and agree (generally in a non-binding way) on the basic terms of the deal. Before the lawyers get involved to start papering the deal and performing due diligence, it is important […]
-
Business Litigation
Silicon Bayou 101: Pivoting Your Business
- July 8, 2014
- By Allen & Gooch
Small Business and Technology on the Rise in Silicon Bayou As our Sunday nights are now void of Silicon Valley, we have time to reflect on some of the legal issues addressed in the second half of the season. Has your business experienced any of these issues in Silicon Bayou? The Importance of Branding In […]
-
Business Litigation
Silicon Bayou 101: Start-Up Lessons from a Tech Satire
- May 5, 2014
- By Allen & Gooch
Satire Highlights Key Issues for Start-Ups HBO recently aired its new series Silicon Valley a tech satire that follows Richard, an employee of Hooli, that develops a computer program that uses an algorithm to compress data at a faster rate. Although a satire, the first episodes have raised numerous questions regarding the legal risks and […]
-
Business Litigation
Fundera, New Site Helps Entrepreneurs Find Alternative Lending Options
- April 10, 2014
- By Allen & Gooch
Group Me Founders, Jared Hecht and Steve Martocci, have launched a new alternative lending platform for small businesses called Fundera. The Challenge of Financing a Small Business It’s a problem that all start-ups, entrepreneurs, and small businesses face – capital. Whether you have a great idea and you are trying to build the proof of […]
-
Business Litigation
3 Innovative Funding Mechanisms for Small Business
- February 13, 2014
- By Allen & Gooch
There are numerous programs offered by the Small Business Administration (SBA) and Louisiana Economic Development (LED) to help small businesses grow and thrive. Unfortunately, many entrepreneurs are unaware of the opportunities available to their business. Below are three innovative programs that all companies should be aware of: Small and Emerging Business Development Program First, the […]
-
Business Litigation
Choosing a Business Structure for Your Louisiana Company
- January 13, 2014
- By Allen & Gooch
Different Types of Business Structures With several ways to structure a business in Louisiana, choosing the best structure for your business can seem like a difficult task. Here are a few things for business owners to think about and discuss with their legal counsel when structuring their business entity. Sole Proprietorships may be easy, but […]
-
Business Litigation
5 Reasons All LLC’s Need an Operating Agreement
- December 23, 2013
- By Allen & Gooch
An Operating Agreement is an agreement between the members of an LLC about how the affairs of the business will be handled. Many businesses, whether just starting out or fully established, may not realize they need an Operating Agreement. Here are the top 5 reasons every LLC should have an operating agreement: 1. Death, Divorce, […]
-
Business Litigation
Forbes: What Start-Ups Should Know About Hiring a Lawyer
- December 11, 2013
- By Allen & Gooch
The decision to hire a lawyer can be scary for an entrepreneur. Whether you are a start-up or a more seasoned business with successful growth, certain questions remain. Do I really need to hire a lawyer? How much is this going to cost? The fact is that the smart use of legal services and strategic planning on […]
-
Business Litigation
2013 Legislative Update: Louisiana Entertainment Tax Credits
- October 10, 2013
- By Clay Allen
Find out how key changes to three of the Louisiana entertainment tax credits could affect and benefit your business.