Forming a Limited Liability Partnership in Colorado

Understand and apply the various nuances of a 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 business… Read more »

Advantages of a Partnership

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 »

What is a Business Partnership?

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 »

Colorado Limited Liability Company LLC Partnership Agreement

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 »

What is a Limited Partnership? Definition & Meaning

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 »

Business Partnership Agreement & Contracts

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 »

What is An Inverted Domestic Corporation?

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 »

SBA Joint Venture Definition and Meaning

Is your company a qualified joint venture (JV) under SBA regulations? Understand the rules and get your company better positioned when bidding on federal government contracts. Now you have to plan to not have populated JV. The legal definition of a joint venture JV for purposes of a federal government… Read more »