Sole Proprietorship: The Lone Wolf
A sole proprietorship is an entity owned and operated by a single individual.  This is often the simplest business formation option in Colorado, as there are no formal filing requirements. It is also the most often formed business operation. One has merely to register the name as a trade name if it is not the first and last name of...
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...
The Colorado LLC and Small Business
In light of the economic times and the amount of people who are heeding the call to start their own Colorado business, the number of small or one person businesses is certainly growing. One type of  Colorado business entity option for this type of business format is the Limited Liability Company (LLC) or the Single Member LLC. LLC Explained The...