Theodore P. Watson, Esq. Historically Underutilized Business Zones / HUBZone joint venture rules are very specific and can be complex. The Small Business Administration (SBA) has initiated some new twists to the joint venture regulations that your company should be aware of. Failure to follow them can lead a small business… Read more »
Is your company qualified under SBA small business joint venture regulations? Do you legally meet the joint venture definition? Understand the rules and get your company better positioned when bidding on federal government contracts. Improper joint venture relationships can lead to affiliation and contracts being revoked. In some situations, the… Read more »
Failure to Grasp the Basics Of Forming a Single Member Can Leave Exposed to Personal Liability and Creditors Get help with Colorado LLC operating agreement single member companies There are various types of business entities under the various state laws. In the case of a single-member LLC under LLC Colorado… Read more »
The Colorado Limited Liability Company Act has a wealth of information related to operating LLC’s. However, the following are only but a few of the basics that business owners should know. Without proper formation or compliance with Colorado LLC Laws, your personal assets can be exposed to creditors There is… Read more »
Avoid Costly Legal Mistakes When Drafting Your Colorado Limited Liability Company Operating Agreement What is an Limited Liability Company Operating Agreement? A limited liability company operating agreement helps business owners to form the company with documentation about the business relationships between the partners. Without it, many business owners find themselves… Read more »
Does Your SBA Operating Agreement Comply With the Rules Under 13 CFR 121.103? If Not, You Can Lose Your Contract. When making size determinations and affiliation under the negative control definition for small businesses, the SBA not only looks at finding actual control over the protested business but also whether a non-disadvantaged… Read more »
Knowing what is the difference between LLC and Corp Can Mean Less Liability When You Comply with the Rules. When forming a new business, you might wonder what is the difference between a limited liability company, LLC vs Corporation. What does LLC stand for in business terms? In Colorado, and in… Read more »
LLC Personal liability protection is somewhat reduced under Colorado LLC laws when compared to other states. In 2012, the Colorado Court of Appeals “pierced the corporate veil” by deciding that business owners or corporations and limited liability companies are liable for personally responsible for business debts. See Martin v. Freeman, 2012… Read more »
Choosing whether to start a Colorado Limited Liability Company vs Limited Liability Corporation is a question that many small business owners ask in Colorado. Without a deep understanding of the corporate legal formations and liability exposure, business owners often find themselves in legal trouble or facing lawsuits for personal liability. Understanding the differences… Read more »
Small businesses considering submitting a joint venture for federal government contracts must be aware of certain legal landmines when bidding. The most important aspect of using a JV business relationship is to avoid affiliation while making sure that the joint venture agreement meets statutory requirements. Small businesses that are 8(a) certified… Read more »