Capital$ in Colorado
This is a rundown of some innovative Colorado start-ups and entrepreneurial businesses that have successfully raised venture capital in the past few weeks. Fort Collins-based VanDyne SuperTurbo has raised $8 million to grow and hire more employees. VanDyne currently employs 13 people. Inspirato reports that they have raised $20 million for Institutional Venture Partners of California. Inspirato is a Denver luxury destination...
C Corp: A separation of Individual and Company
Another option for your Colorado business formation strategy is registering as a C Corporation. With this option the corporation is considered a legal person, thus, any actions that the corporation takes, generally speaking, does not create liability for its officers, directors, or shareholders.  For instance, any lawsuit that may arise against the business is solely a lawsuit against the business...
Get a Jump on Your 2012 Denver Small Business
Denver Mayor Michael Hancock unveiled his one-year strategic economic development plan, called JumpStart 2012. The goal is to "create world-class opportunities" for Denver's businesses, residents and neighborhoods. Under this plan, the Denver Office of Economic Development (OED) will undertake seven strategic initiatives, or “pillars,” including: Business Retention – Retain and strengthen Denver-based companies. Small Business Advocacy – Create an environment...
Colorado Small Business Upcoming Events
Keeping up with the Colorado small business workshops, educational opportunities and events is a great way to stay informed, network and enhance the strategies of your Colorado LLC, S Corporation or C Corporation. The South Metro Denver Economic Development Group (EDG) has developed a series of programs called the “The Business Empowerment Series” (BES). These will consist of different topics...
State of the State: Entrepreneurship in Colorado
Colorado Governor John Hickenlooper gave his State of the State speech in January. He especially addressed the need for the state to help spur the growth of entrepreneurship and to create and attract new business. Mayor Hickenlooper makes the point that Colorado small business and entrepreneurs thrive in proximity to large corporations and that they depend on each other. It...
“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...