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8 Online Business Laws You Need to Be Aware Of Starting a business online is becoming very popular. People like the relative freedom to locate their business in a convenient place while reaching a worldwide audience. There are also opportunities for reducing your...

Federal Injunction Currently Suspending Corporate Transparency Act Reporting Requirements On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction on enforcement of the Corporate Transparency Act (CTA)....

Common Employment Law Disputes The success of your business depends on the talent and hard work of your employees. However, working with employees can also represent a legal minefield. There are many situations where you can get into legal disputes with your...

How to Avoid Small Business Fines and Penalties Small businesses struggle to balance their revenue and expenses. When you’re running on a narrow profit margin, the sudden addition of fines and penalties can sink your business. When these penalties come up, you may not...

Essential Elements for a Business Plan When you are starting a business, your odds of success will be much higher if you have an actual plan. However, sometimes recommendations for a business plan – like the ones offered by the Small Business Administration (SBA) –...

8 Common Contract Disputes Impacting Small Businesses You might think that your business is so small and inoffensive that you won’t have contract disputes. You will live up to the terms of any contracts you have, and you will judiciously choose business partners who...

7 Common Legal Mistakes to Avoid as a New Business Starting a new business can be exciting. For many businesses, the excitement is the thrill of seeing their venture prosper and grow. For other businesses, though, this initial excitement can turn into regret caused by...

How to Choose the Right Legal Entity for Your Business If you are considering starting a business, it’s easy to get caught up in the excitement over your idea and skip important details like legal entities. In fact, many people have only the vaguest notion about what...

Is Colorado a Business-Friendly State? Small businesses play a critical role in our nation’s economy. In fact, small businesses are responsible for roughly 44% of the country’s economic activity, and they employ roughly 50% of the private-sector workforce. If you’re...

Does an LLC Need a Business License in Colorado? If you’ve recently formed an LLC in Colorado, you may be wondering whether you need to obtain a business license. In Colorado, there is no statewide requirement that LLCs must get a business license other than...