A recent article in the Miami Herald indicates that as many as 90% of all companies in the United States are family-owned. The article proposes several questions that owners of family-owned businesses should consider when contemplating the sale of the family business. Why are you considering the sale? Clearly identifying the reason forGo to Resource
Category: General Business
Want to avoid a future lawsuit about your contract? Make sure it has a clear, reasonable termination clause. Lawsuits are, unfortunately, a common outcome when the parties to a contract don’t have any other way to get out of a contract they’re unhappy with, or when they don’t agree on who gets paidGo to Resource
Several bills favorable to business owners have passed into law this legislative session. For details and links to specific bills see the weekly Legislative Status Report from the Jefferson County Business Lobby. The following is a brief summary of new laws impacting businesses that will go into effect this year: HB12-1029 Economic stimulusGo to Resource
The Colorado Secretary of State recently announced the launching of a new filing and searching system for Uniform Commercial Code filings in Colorado. The new system eliminates traditional paper filings and requires UCC forms to be filed online. The system is designed to save businesses time and money by enhancing and streamlining theGo to Resource
Individuals looking to purchase a business commonly find that the process can be a daunting task. However, an article by the Colorado Association of Business Intermediaries provides a general overview of the process involved in the purchase of a business. Specifically, the article identifies the following steps: Get the Basic Facts. The firstGo to Resource