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Legal Advice at the Speed of BusinesSTM from a Licensed Attorney – Right here in Colorado

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Author: Michael Smith Date: August 28, 2017
This is a question that we receive fairly often at RockyMountainStartup.com. Yes, you can form your LLC on your own without the assistance of an attorney or an online legal document prep website. Upon filing with the secretary of state and paying the $50 filing fee, you will receive Articles of Organization which states that you are legally able to transact business in the name of your LLC....
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Author: Michael Smith Date: September 18, 2014
According to a recent WalletHub study of 150 cities across the United States (http://www.denverpost.com/business/ci_26230557/report-denver-had-fourth-best-post-recession-recovery), Colorado cities have been quick to climb out the recession due to a robust business formation climate. Denver b...
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Author: Michael Smith Date: July 15, 2014
Colorado Secretary of State Scott Gessler recently announced that Colorado will provide entrepreneurs with a filing fee holiday for all new business filings. The previous LLC filing fee of $50 was already one of the lowest in the country, however, the new $1 filing fee makes Colorado the cheapest state in America to file your LLC. The fili...
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Author: Michael Smith Date: June 12, 2014
One of the key reasons for forming a Colorado LLC is the protection of its members and managers from liability to creditors and lawsuit judgments. When properly created and maintained, a LLC provides a corporate veil of liability protection between a member’s personal assets (i.e., hom...
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Author: Michael Smith Date: April 09, 2014
According to a Bloomberg.com, Colorado is the nation’s fifth-largest producer of natural gas and ninth-largest producer of oil. In fact, the state’s oil production is now at its highest point in 55 years. The popular technique of horizontal drilling is largely responsible for this recent boom. Even in ...
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Author: Michael Smith Date: February 07, 2014
On Thursday, January 9th, Governor Hickenlooper declared that despite the national economy’s downturn the “state of our state is strong”.  The governor presented various pieces of evidence to support his claim including: Colorado’s low unemployment rate, the strength of the small business startup sector, record tourism numbers, and how Colorado is ranked in the top five by multiple studies for business and job growth.   Here...
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Author: Michael Smith Date: December 19, 2013
An Operating Agreement is a legally enforceable contract that governs relations between the members of the LLC and defines the business operations and governance structure of a Limited Liability Company. This internal agreement describes the members’ rights, voting power, obligations, and ownership interests in the company. The Oper...
  1.     Have a Written Operating Agreement:

An Operating Agreement is a legal document which defines the business operations and governance of a Limited Liability Company. This internal agreement describes the members’ rights, obligations, and ownership interests in the company. Though it is not...
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Author: Michael Smith Date: August 27, 2013
A Non-Disclosure Agreement, which is also typically called a Confidentiality Agreement, is essential for many small businesses during the planning and startup phase for a new Colorado LLC. A Non-Disclosure Agreement is a legal contract between two or more parties that establishes a confidential relationship between the parties in regards to information that is shared between the parties but that should not be made available to third parties or the general public. This typ...
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Author: Michael Smith Date: August 25, 2013
Owning your own CO LLC Business and being your own boss is part of the fabric of the American dream. Even in tough economic times, and maybe even especially in tough economic times, the entrepreneurial call can be a compelling force. But before you make that leap, make sure first take the following 5 steps:

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