Tag: Business Plan
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Business Litigation
White Collar Exemptions – Rule Changes to Wage Requirements
- March 23, 2016
- By Allen & Gooch
July 2016 Timeline for Final Rule on White Collar Exemptions As many employers are aware, the Department of Labor (DOL) has proposed a rule change to the white collar exemptions for minimum wage and overtime requirements. The proposed rule updated the minimum compensation and salary levels to qualify for the white collar exemption from the […]
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Estate Planning and Administration
Estate Planning – Why is it Important to Include your Family Business in Your Estate Plan?
- February 24, 2016
- By Allen & Gooch
1) Is your business your largest asset? The first reason to include your business in your estate planning is that it is likely one of your most valuable assets. The business may be the asset most likely to create potential tax consequences based on its value. Would it be valuable to remove portions of the […]
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Business Litigation
Personal Liability for LLC Members
- February 8, 2016
- By Allen & Gooch
Personal Liability May Still Exist for LLC Members, Despite the General Shield from Liability. In a previous blog article, “Louisiana Supreme Court holds that an individually licensed contractor is not a “professional” within the meaning of an exception to limited liability for LLC members,” I discussed a recent case which held that a contractor could […]
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Emerging Companies and Start-ups
Business Plan Benefits You Might Be Forgetting
- September 9, 2013
- By Allen & Gooch
Why Entrepreneurs Should Write a Business Plan Many entrepreneurs scoff at “wasting” time on business planning. Instead of thinking about running a business, they want to go out there and do what they love. Before putting in your time and effort, however, it’s worth taking some time to think about where you are going and […]