Veazey Felder & Renegar LLC
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December 2016 Archives

Information to review when buying a company

Previous posts here have referenced how detailed any type of merger or acquisition can be in the business world. These are complex business transactions that typically involve dozens of people pouring over information on both sides of the transaction. When it comes to buying a company in Louisiana, there is quite a bit of information that should be reviewed in what is known as the "due diligence" process.

Southwest Airlines and mechanics' contract dispute continues

Businesses in Louisiana aren't the only ones that have to contend with labor issues. These types of problems can be common throughout the country, especially when labor is organized by unions. No one is denying that workers should be entitled to the rights they deserve, including workplace safety and benefits such as health care and benefit leave, but sometimes these issues can become contentious as employment contracts are being worked out.

Long-term success hinges on starting a company right in Louisiana

A company's beginning is vital to the prospect of long-term success. In some cases, a company is started in Louisiana from scratch -- built from the ground up. In other cases, the company is the result of a merger or acquisition that crafts a new direction for the business. No matter how a company starts, it is crucial to get started on the right foot.

Balancing a job and a new business? Having a partner might help

Some entrepreneurs, for financial or other reasons, decide to hang onto a full-time job while starting a new business. Now, there can be some unique challenges in getting a new business off the ground when one is balancing one’s new business with a full-time job.

Mediation may be able to help when divorces hit an impasse

The range of important issues divorces touch on is extensive. Divorces can involve all kinds of property division issues, including those involving the marital home, accounts, retirement savings or family businesses. They could involve complex issues related to alimony. If the divorcing parties have kids who are still minors, a whole bunch of other key issues are added to list including those involving child custody, visitation and child support.

Getting contracts for builders in writing

Many companies throughout Louisiana deal with the details of contracts on a daily basis. After all, the relationships between businesses can be the crucial foundations of any single company - businesses need supplies, delivery of their products and marketing. However, contracts for builders can be uniquely challenging. When a company hires another company to build a structure, there will usually be deadlines in mind that can impact when and how a company continues business operations. That is why it is so important to get these contracts in writing and make sure that they cover all of the necessary details.

What issues can have a negative impact on your business goals?

In the aftermath of a successful merger or acquisition, many people associated with the business entity are probably feeling quite a bit of relief that the complex business transaction is complete, and they are ready to head toward realizing the new goal that was the whole point of the transaction. However, these companies should be aware of some potential problems that could pop up. What issues could have a negative impact on the business goals of companies in Louisiana?

The economic impacts of workplace drowsiness

The level of sleep U.S. workers are getting is far from an insignificant issue. For one, workers being sleepy on the job can have major safety implications. Also, workers getting insufficient sleep can have major economic ramifications.

Will the AT&T -- Time Warner merger reduce competition?

A previous post here explored some of the initial reported details of one of the biggest business mergers in recent history: the merger of telecom giant AT&T with mega-media company Time Warner. It should come as no surprise to our readers in Louisiana that this merger is being scrutinized closely by regulators, which makes sense to a certain degree -- the merger would combine quite a few companies that Americans have contact with on a daily basis. One of the questions that is being asked is whether or not this merger will reduce the competition in certain areas of the economy too much.

Many individuals approaching retirement age starting businesses

Starting a business is not just an activity for the young. Entrepreneurs come in all ages. For example, some people opt to start a business as they are approaching retirement. In fact, this is becoming quite common. One recent estimate, by The Kauffman Foundation, pointed to the 55-64 age group being the age group that is currently behind the most new businesses.

Always put business agreements in writing

It's always best to get it in writing. Whether an agreement happens orally and organically or with legal forms and pen and paper in front of you, it's always best to dot those i's and cross those t's to make certain that the deal is safe and secure. Even what seems simple has a way of becoming more complex over time.

Deciding who will make the decisions after a successful merger

Merging two companies in Louisiana can be a dynamic way to reach more consumers, expand market influence and, ultimately, become more profitable. However, while mergers and acquisitions can be accomplished smoothly in many cases, others can oftentimes leave the parties involved facing crucial differences of opinion. One problem can be the crux of the whole deal: who will have the final say on decisions after the merger is successfully completed?

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