Virtual General Counsel LLC
Helping Startups And Complex Business Clients Services Throughout Denver And The Surrounding Areas
Phone: 303-395-0259 Toll Free: 800-229-1646

June 2018 Archives

What types of mergers might small businesses undergo?

Some people in Colorado may be under the impression that only large, nationally known conglomerates execute business mergers, as these major mergers often make news headlines. However, even small businesses can benefit from a merger. The following is a brief explanation of the types of mergers a small business can undertake and what the benefits of these mergers are.

Contract formation is the backbone of many Denver businesses

Contracts often form the backbone of a successful business, and many people in Denver rely on contracts every day to keep their business viable. The exchange of money, goods and services sometimes requires some intense negotiations, but the end goal is to form a legally binding agreement.

"Consideration" is essential to a legally binding contract

Businesses enter into contracts every day. Some contracts involve goods, while others involve services. Contracts are not limited to the manufacturing industry, sales industry or any other industry for that matter. Any business in Denver will likely find itself one day needing to draft a contract. Therefore, it is important to have a basic understanding of how a contract is formed.

The basics of contract formation

People in Denver's business world enter into contracts every day. Some of these may be standard contracts, such as sale contracts or employment contracts. However, even a standard contract can involve a lot of negotiating before the parties come to an agreement. It is important, then, to have a basic understanding of how contracts are formed.

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Virtual General Counsel LLC
7900 E Union Ave
Suite 1100
Denver, CO 80237

Toll Free: 800-229-1646
Phone: 303-395-0259
Fax: 303-766-0990
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