“S” Stands for Smart: S Corp
There are a lot of choices in Colorado business formation when you start thinking about setting up your company.  One of these is the S Corporation, which has a special tax status from the IRS. For non tax purposes, it is no different than a C Corporation. Yet unlike the C Corp, which has a double layer of tax, an...
Time for the Tax Tango
As we celebrate the New Year with thoughts of bright new beginnings and ideas for your Colorado business, our thoughts naturally come to taxes, especially if you are, or plan to have, your business on the calendar tax year. Because as someone famously said, just like death it is the only other thing we can count on happening, so why...
Denver Small Business Gets a Contract Bidding Boost
Denver Mayor Michael Hancock has just signed in an executive order to open up the city’s contract bidding process. This was done in hopes that the process will be more inviting to Denver small businesses, especially minority or women-owned business, which are often shut out of the process. Prior to this order, contracts were often awarded to a firm, and...
Denver Means Business For Small Business
An interesting statistic on Denver small business was recently collected by G. Scott Thomas, whose “On Numbers” blog for The Business Journals always provides some interesting fodder on the business scene. According to U.S. Census Bureau data, Metro Denver is 17th among 938 U.S. cities for its number of local businesses. What is unique about this is that a higher...
Hasan Makes GQ Magazine’s The Gentlemen’s Fund List
GQ Magazine asked its readers and fans to nominate men who “strive every day for the betterment of society through charitable work, volunteerism, and community involvement.” Hasan was honored to be a part of this prestigious list. Thousands were nominated, and just over 200 made the final gallery including Hasan. Nominated for his dedication to “help an individual in need...
Business Colorado: Activity Wrap-Up October 2011
At Hasan Legal we like to share good news about our Colorado small business community. This type of news inspires us and we hope it will do the same for you: Digital Folio, Inc., a new Colorado corporation formed in March 2011, has received $1.2 million in angel investor funding. The Denver startup has recently completed beta testing of its...
Starting Your Business Can Be Scary
I’m not here to tell you that striking out to pursue your own venture is not without risk, or that you won’t face self-doubt. In 2009 I left my comfortable corporate attorney job to start my own Denver law firm. I had a vision of using my skills in business law to not only help Colorado's small and medium sized...
Starting up a business in Colorado: Making the First Move
From brain-storming to strategic planning, starting a business requires several steps. Whether you are planning a one-person firm or a company with several employees, an important process that must be initiated early on is your business formation strategy. Forms of business entity for consideration in Colorado: Sole Proprietorship: This is an individual engaged in a business activity. Partnership: Defined as...
Business Strategic Planning: The View From The Mountain Top
The strategic plan is an ever-evolving  tool that can keep your Colorado small business steady when the winds of chance decide to kick up some disturbance. Creating a strategic plan is important not only to guide business direction and keep you competitive against challengers,  but also to act as a focal point to return to if you find your business...