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

Business Formation Archives

Explore the potential downsides of buying a franchise

Recently, this blog featured a post discussing why someone might choose to buy a franchise. While the benefits of choosing a franchise are many, it is also wise for those looking into business formation to learn about the possible disadvantages of owning a franchise. First, a very brief outline of some advantages associated with franchise ownership.

Protect your business and yourself

When you are developing your new business, you have a lot on your mind. Perhaps you are putting the finishing touches on an invention, or working out the logistics for your new service. You may need to buy or rent a space, hire employees and take care of endless details. Hanging over all this are your considerations and worries about your potential customers.

Food truck owners need help getting business on the road

With the summertime comes a flock of food trucks on the streets of many other American cities, and especially in and around Denver. Just a decade ago, food trucks appeared to be no more than a trendy update to the lunch wagons and taco trucks of old. Now they represent a $2 billion industry.

Coworking spaces getting too expensive for many small businesses

If you are starting a new business, you have to make a lot of decisions quickly. You have to figure out how to develop your idea into a working business, how to hire employees and attract customers. You may even have to figure out where you are going to work.

Choose the right type of partnership for your business

Simply put, whenever two or more people own a business together and share in its profits and losses, they are said to have a partnership. However, it is always a good idea to get a partnership agreement in writing, so as to make sure everyone has the same expectations. A written agreement can save a lot of headaches later on, if or when the partners have disputes or decide to part ways.

Choosing the best formation for your business

Choosing the correct legal formation for a new business is crucial. This choice will have major legal and financial implications for the future. It will determine not only the amount of taxes owed, but also whether or not the business qualifies for certain types of funding.

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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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