I am just now starting my senior year at LSU. I will be graduating in the spring in Business management. Now that I am in my final year in undergraduate school, I am starting to learn about what needs to be taken care of to be accepted into a MBA program. every school that i read about talks about work experience and how vital it is to have when applying and when you are enrolled in a MBA program. For me, I don't necessarily need to go to graduate school being that i will be taking over my fathers business. It is a fairly large exterminating (pest & termite) business in Louisiana. I am going to gain as much knowledge as possible and to network with future business people. So i guess my question is what schools dont necessarily look at work experience and will it really affect my in my studies in the program
also is there any concentration that you would recommend that would be best for my situation (being the future owner of my fathers business in the service industry)

Take a look at this: http://www.find-mba.com/article/541/work-experience-and-the-mba-how-much-is-really-necessary Probably only a very weak MBA programme would take candidates without experience.

If you took an MBA in a few years time would you be looking to study fulltime?

You have some great MBAs in Louisiana, and the b-school dean at LSU is an amazing guy. LSU has an MS in finance which is very flexible and can be taken part-time if you're nearby.