Nov 17, 2016 | Agreements, Contract, Corporation
The Indemnification Provision In this blog post I want to discuss a provision that is in many contracts, but is easy to skip over. This is the indemnification provision. Indemnification is a big topic, far too big to discuss in detail in a blog post. However, I...
Nov 9, 2016 | Agreements, business attorney, Contract, Corporation, Transactions
Paragraphs at end of contract In my last post we reviewed a number of provisions that are found in many commercial contracts. This post will define and discuss several more “boilerplate” provisions, as they can have an impact on your business relationships....
Nov 2, 2016 | Agreements, business attorney, Contract, Small business, Transactions
“Miscellaneous”, or “General” Provisions You’ve read and signed lots of contracts in your business, either your own company’s or ones sent by the other side to a transaction. Maybe you’ve been puzzled by those provisions that seem to be at the end of every contract,...
Oct 25, 2016 | business attorney, Corporation, Limiting liability, LLC, Small business, Startups
Your LLC needs a written operating agreement You have a great idea for a new business and have formed a limited liability company, an LLC. While corporations are required by state law to have bylaws, LLCs are not required to have written operating agreement. ...
Jul 18, 2016 | Acquisitions, Asset Purchase, business attorney, Contract, Corporation, Medium-sized business, Small business, Stock Acquisitions
Buyers versus Sellers In a recent post I outlined the features of the two main types of business acquisitions, stock and asset deals. To recap briefly, in a stock acquisition, the buyer purchases the stock of the company being acquired. In doing so the buyer takes...
Jun 24, 2016 | business attorney, Contract, LLC, Medium-sized business, Small business
Buying or Selling a Business: Stock vs Asset deals explained. Businesses are bought and sold all the time. Transactions range in size from under $100,000 to billions of dollars. For most sales of small to medium-size companies, the transaction is usually structured...
May 23, 2016 | Limiting liability
Article on taking your business global in Colorado Biz online magazine See my recent article on legal considerations in taking your business global, in the 5.16.2016 Colorado Biz online magazine. Here is the link:...
Apr 22, 2016 | business attorney, Corporation, Employment, Entrepreneurs, Limiting liability, Medium-sized business, Small business
7 Steps Your Business Can Take To Avoid Discrimination Claims If your business has employees, you know that managing them is a daily process, and often challenging. One challenge you want to avoid is a discrimination claim, in which an employee claims that they have...
Mar 30, 2016 | business attorney, Contract, Corporation, Entrepreneurs, LLC, Medium-sized business, Small business, Startups
Don’t do business on a handshake: get it in writing! People have been doing business together for thousands of years, and for just as long, they have been entering into verbal and written contracts. Here is a rental contract from nearly 4,000 years ago in...
Mar 24, 2016 | Corporation, Export, Global, International business
Developing Your Export Strategy: Not Just Legal Issues In my last blog post I highlighted some of the reasons you should consider taking your business global, and listed a few free resources available to companies. In this post I’d like to discuss how to begin...