Legal Services for Startups & Savvy Businesses in Colorado

May, 2013

Corporate Governance for Small Businesses

Well-run businesses have processes that work. Those who run the company have put thought into the processes. They’ve studied them, documented them, and formalized them. They leave no doubt about who made each decision and when. They leave a trail of evidence that supports the reasonableness of each decision and the methods that the company […]

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Starting a Business 101: What Is an LLC?

The limited liability company (LLC) was first adopted by Wyoming in 1977. It is a business structure has only become commonplace across the country in the last twenty years. But today, it is the most popular business entity in most states. It provides its owners the same liability protection that corporations receive while allowing its […]

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Small Corporate Trick: Consent to Action without Formal Meeting

Many small businesses that are on the fence of whether to form a corporation or an LLC decide to form an LLC because it’s easier and requires less upkeep. And while it is true that there are additional formalities associated with incorporation, they needn’t be overly burdensome for the small company without tremendous resources. One […]

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What Is Vesting and Why Is It Important?

What is vesting? Vesting, by law, is defined as the moment when a party’s right to an asset cannot be taken away by a third party. In the context of stock, it refers to the process by which restricted stock ownership changes in status from conditional and restricted to unconditional and unrestricted. What that means […]

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Five Documents You Should Have When You Incorporate

Technically, to form a corporation, you only have to file articles of incorporation (or a corporate charter) with the secretary of state. But if you want to operate as a legitimate business that engages in regular transactions with customers to make money, you’re going to need a little more. Here are the basic documents that […]

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