Understand and apply the various nuances of a Colorado limited liability partnership before there are disputes and it’s too late. Forming a limited liability partnership in Colorado means operating a business with more than one owner. This type of business partnership offers owners some level of limited personal liability for… Read more »
When you consider the advantages of a partnership, a business can actually gain a stronger footing in overall business operations. Although the decision to form a business partnership has its pros and cons, the result can be a great benefit. The common fear for all start-up businesses is whether the… Read more »
A partnership in business is the relationship formed between two or more persons who carry on a business or trade for a profit. A complete definition of a partnership agreement is determined on a state by state basis within the state statutes. Regardless of whether you have a business partnership agreement in place,… Read more »
Know the Basic Contents of Your Colorado Limited Liability Company Partnership Agreement Although there may be other items that you want to include in a Colorado limited liability company LLC partnership agreement, there are some important things that you may wish to consider before finalizing an executed operating agreement. Owners should keep… Read more »
A Limited Partnership (LP), as compared to a general partnership, is formed by two or more people doing business. At least a person must act as the general partner. That person must have actual management authority for the day-day- activities of the company. This is in direct comparison to the other… Read more »
A small business partnership agreement between companies and individuals in Colorado is a necessary document when starting a business with more than one partners. Having this important business partnership contract between two business partners can reduce the need for expensive litigation. It can also serve as a reminder between partners… Read more »
The Trade Agreements Act (TAA) applies to GSA Schedule Contracts, requiring that all products listed on the contract be manufactured or “substantially transformed” in either the United States or a TAA-compliant “designated country”. The designated TAA compliant countries encompass: 1. Countries under the World Trade Organization Government Procurement Agreement. 2…. Read more »
Complying with the Trade Agreements Act (TAA) as a federal contractor is of utmost importance for success in government contracting, and it’s essential to understand all its components. Should you fail to do so, there may be serious penalties like civil or criminal charges as well as loss of contracts… Read more »
Understand the SDVOSB certification rules when your status challenged in a bid protest or you may lose millions in government contracts. One of the most challenging experiences as a service disabled veteran-owned small business (SDVOSB business) is to defend against the status of your company in a bid protest. There… Read more »
By: Theodore P. Watson, Esq. Companies doing business with the federal government should be aware that a violation of the rule against doing business with an inverted domestic corporation is alive and well. If you are a company with various aspects of the company operating overseas, you should carefully review… Read more »