If You Start Me Up, I’ll Never Stop: Colorado Small Business Lending Reform
Small businesses in Colorado take notice. Mark Udall, the U.S. Senator from Colorado, has been working to get a bipartisan bill passed through Congress which would increase access to capital for small businesses by lifting the cap on credit union lending. Historically, credit unions have not been able to provide the credit and lending opportunities that both the large and...
Business Regulation: Protective or Orwellian Big Brother?
The Economist recently published an article called “Over Regulation in America.” Its premise is that regulation established around business starts out with good intention, but become mired in endless detail. The article cites as example the Dodd-Frank Act of 2010, which started out on a good foot, trying to prevent another financial crisis, but became too burdensome and complex to...
A Small Business By Any Other Name….
The U.S. Small Business Administration (SBA) has recently changed the parameters of what it considers a small business for 34 different industry groups. This was a way for the SBA to allow more businesses to qualify as federal contractors and expand that universe. Under the Small Business Jobs Act 2010, the Small Business Administration is required to review its size...
LLC: Lessons Learned in Colorado
Often, what causes one industry to suffer has a positive effect on another industry. It could be a take on the “when a door closes, a window opens” philosophy of change. Take this weather pattern which has settled over Colorado this winter. Drought in the mountains and 60 degree days in Denver, and depending on whether you like to hike,...
Now for the good stuff: Affiliate Nexus Tax and Colorado Small Business
Take heed Colorado online small businesses: know and understand affiliate nexus tax and its implications for your online LLC, C Corp or S Corp. The Fine Print This tax requires out-of-state retailers that advertise through a Colorado based Internet marketing “affiliate” to collect and remit Colorado sales tax. As an example, Colorado-based Invisible Shoes which makes huarache-style running sandals, had...
Pay It Forward Colorado
Generous Colorado LLCs and corporations give back to their communities in many ways, such as through charitable donations and time. The Feb. 20th Denver Business Journal has a nice article on how Colorado small businesses can help local non-profits and charities. Denver’s own Community First Foundation reports that $12.4 million was raised for over 925 local non-profits during its annual...
Spring Has Sprung for Colorado Businesses
The birds are singing, the buds are budding, and this time of renewal often sees an increase in business formation and activity. This attorney in Colorado is certainly proud to be a part of this business ecosystem. Check out these success stories for both established and new business in the Rocky Mountain State: Denver-based IT firm Platte River Networks has been ...
Colorado Small Business Upcoming Events: April-May 2012
There are a lot of events taking shape that are good learning and networking opportunities for both the established Colorado small business, as well as those whose business formation plans are just taking shape. Take advantage of a great networking opportunity at The South Metro Denver Chamber of Commerce, South Metro Denver Small Business Development Center, and South Metro Denver...
American Jobs Act and Colorado Small Business Formation
In 2011, President Obama unveiled the American Jobs Act, most of which has been approved by Congress. Key to the Act are tax cuts to help small businesses as well as incentives for entrepreneurs to start their own business. This is positive news for all of you who have been thinking about following your dreams and start the ball rolling...
Let Them Eat Colorado Cake
The Colorado cake community (yes, there is a community for everything!) got behind the Colorado Cottage Food Bill. The bill would allow for the sale of baked goods from home kitchens, allowing the kitchens to sell goods for local sale, without costly regulations, such as finding health department approved kitchen incubator space. This is great news for very small business...