Starting a Business in Louisiana: The Business Plan – Ecompanies USA

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Idea Village, New Orleans. Starting a new business in Louisiana can be exciting, challenging and rewarding. Careful planning and preparation are key to a successful business. There are several steps to complete when starting a new business, including registering your business and obtaining necessary licenses and permits for operation.

Creating a business plan is one of the most important steps to take when starting your business in Louisiana. The plan serves as your road map for the early years of your business. A business plan projects three to five years ahead and outlines the route a company intends to take to reach its yearly milestones, including revenue projections.

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 · Financials, pricing and start up costs. Financials, pricing and start up costs. Skip navigation Sign in. Search. Loading. Close. This video is unavailable. Watch Queue Queue.

The first step in starting a business is to determine the basic legal structure of the business, and to properly record the business name. This step is important when starting a business, since financial implications vary depending on which legal structure is selected.

Establish your business. You will need a good business plan to manage your finances and set yourself up legally. Your biggest concern initially will be getting financing to start the business, and setting up how you will pay taxes. For both of these, consulting an accountant is a good idea. You may want to incorporate your business as an LLC. A.

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The Louisiana Small Business Development Center Network, hosted by Louisiana Delta Community College, is a member of the National Association of Small Business Development Centers and funded in part through a cooperative agreement with the U.S. Small Business Administration, Louisiana Economic Development and participating universities.