How funding works
As the adage goes, cash is king in business, especially so for a startup as it navigates the murky waters of new ventures until it develops a sustainable and profitable business model. A founder can choose to self-fund ("bootstrap") a startup's...
DATE: May 24, 2013 | CATEGORY: Startup Cartography
Moving Up
Nick Pentas has been promoted to general manager of Mercedes-Benz of Baton Rouge. He joined the company in 2000 while attending LSU. He rose through the ranks at the dealership, working as roadside technician, cashier, service adviser, service...
DATE: May 13, 2013 | CATEGORY: Current Issue
The cost of Costco
In an effort to lure Costco to town, East Baton Rouge Parish has green-lighted what will be the parish's first economic development district for a retailer, triggering protests from critics who futilely proclaimed, “Retail is not economic...
DATE: May 13, 2013 | CATEGORY: Current Issue
Sunny climate
CEOs nationwide rank Louisiana the 11th-best state for business, according to Chief Executive magazine’s 2013 survey, released May 6. That’s a jump of two spots for Louisiana since last year and the highest ranking the state has...
DATE: May 13, 2013 | CATEGORY: Current Issue
Planning an exit
Selling your business can be exciting and daunting at the same time, says Linda Perez Clark, a co-owner of Bin 77 and a partner in Kean Miller’s Baton Rouge office, which recently hosted a briefing on the topic.
DATE: May 13, 2013 | CATEGORY: Current Issue
Building jobs
The Baton Rouge METRO area continued its strong start to the year in March in the construction employment sector. According to the latest metro jobs report from the Associated General Contractors of America, Baton Rouge had 5,900 more people...
DATE: May 13, 2013 | CATEGORY: Current Issue
News roundup: Elio Motors to unveil prototype Wednesday… Morganza project moves ahead in D.C. … $14M raised for hurricane museum in Lake Charles
On the road: Elio Motors, the startup auto manufacturer that is opening its plant in Shreveport, says it will unveil its new prototype and announce its North American supply chain Wednesday, The Shreveport Times reports. Elio...
DATE: May 07, 2013 | CATEGORY: Daily Report
Co-Founder Development
Looking for a potential co-founder? Need to know how to go from pre-founder to MVT (Minimum Viable Team)? I ran across this little gem of a whitepaper that distills what's currently known about crafting this critical component of a startup's success.
DATE: May 03, 2013 | CATEGORY: Startup Cartography
Southern plans to tweak controversial contract
Southern University System President Ronald Mason plans to amend a controversial contract with online course provider EOServe. As written, it stipulates that if a student first enrolled in an online program then later enrolls in traditional...
DATE: May 03, 2013 | CATEGORY: Daily Report
Cap not welcome
A provision of the federal immigration reform bill by the so-called Gang of Eight senators that would cap the number of available guest worker visas for construction jobs could further worsen the worker shortage the industry already faces in the...
DATE: April 29, 2013 | CATEGORY: Current Issue
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