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Category: Business Management

Your Colorado LLC Doesn’t Belong in Delaware

Your Colorado LLC Doesn’t Belong in Delaware

Your Colorado LLC doesn’t need to be formed in Delaware. Many Colorado entrepreneurs mistaking believe forming an LLC in Delaware will give them added tax benefits as well as liability protection. Quite the contrary. Forming a Delaware LLC may not be the best thing for Colorado business and here’s why. YOU’LL NEED TO REGISTER AS A FOREIGN LLC IN COLORADO If you want to conduct in the state of Colorado you’ll have to register of a either a domestic or…

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Adding A Member to Your Single Member LLC

Adding A Member to Your Single Member LLC

Adding a member to your LLC is a big step in the growth of your business. Perhaps your looking to gain a partner in the business. Or you have an investor ready to invest cash to help it grow and expand. Or perhaps you have a dedicated employee who you liked to reward or recognized for their years of hard work. Don’t take this process lightly. There are many legal and tax consequences to contend with if not done correctly….

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New Year Small Business Checklist

New Year Small Business Checklist

At the beginning of the new year, it’s a good idea to take stock in your business see what you’ve done well, and what can be improved on. Make a plan and make adjustments. Give your business every opportunity to grow to its fullest potential. Also, its a great time to review your existing documents and contracts to keep them up-to-date an ensure they are current. Lastly, I’ve included some ideas to save you some money in the upcoming year….

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Home Based Business Start Up Guide

Home Based Business Start Up Guide

Home-based businesses are part of the American entrepreneurial spirit. Disney, Apple, Microsoft, Google, and Amazon are just a handful of companies which got their start in a garage. If you’re thinking about starting a home-based business, use the guide below to assist you before investing your time, money and effort, in your new venture. Even if your home-based business has been up and running a while, use the guide to give your business a quick audit. Choose Business Entity One…

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Know These 8 Extremely Dull Boilerplate Clauses

Know These 8 Extremely Dull Boilerplate Clauses

They’re in almost every contract. In boilerplate. Written in legalese, making it worse. Glazing over your eyes from reading and trying to make sense of the parties to the contract, their obligations, and responsibilities. Peppered throughout, but more heavily at the end when you’ve read enough, there’s these handful of terms you’ve seen before in boilerplate. So instead of reading them carefully, and paying close attention you skim. A single change to these boilerplate clauses can have significant impacts to…

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