Colorado Secretary of State Scott Gessler recently announced reduced filing fees for Colorado business entities and trademarks. The Colorado Secretary of State’s office is almost exclusively funded through such fees which, according to Gessler, can absorb the fee reduction without negatively impacting the services provided by the office. The reduction went into effectGo to Resource
Category: General Business
Business owners wishing to sell their business typically use one of two types of agreements when selling their business. Asset purchase agreements provide for the sale of the business by selling all, or substantially all, of the businesses’ individual assets to the purchaser. Stock or equity purchase agreements allow the assets of theGo to Resource
When making staffing and hiring decisions, one question companies commonly face is whether to engage independent contractors or employees. While using independent contractors has its benefits (such as not having to pay payroll taxes for those individuals), it can carry legal risks if a person is misclassified as an independent contractor as opposedGo to Resource
A significant concern to owners of closely held businesses is what happens to the business if one of the owners can no longer participate in its operations. This situation commonly results when one owner of the Company dies. However, the same situation can result if an owner becomes disabled, retires, or loses his/herGo to Resource
You’ve got a great business idea and you even have start-up funds! But, do you know the essential documents you will need to retain? Whether you anticipate profits or losses in the first year or two, it is more important to properly document everything that occurs. Sloppy documentation and reporting can result inGo to Resource