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Business Planning Archives

What Do Lawyers and Journalists Have in Common?

Most of you have likely heard of the 5 Ws in the context of journalism and problem solving. The answers to these questions, when applied to contracts or legal documents, can help minimize disputes and ensure all parties are satisfied. For this reason, Karen always advises her clients to review all contracts--including, but not limited to, estate planning documents--for the 5 Ws.

Crowdfunding

Although Giving Tuesday may officially be over, crowdfunding and charitable giving continue to impact both those who donate and those who benefit from the growing accessibility of online donations. While this may be an unusual topic for this blog, those of us at Law Offices of Karen Brady believe that our impact on our community is just as important as the connections we make with our clients.

Attracting and Keeping Good Employees in Colorado

There has been much in the news recently about Colorado's low unemployment rate. This is good for workers, but hard on business owners. As this Denver Post article points out, businesses large and small have had to become creative and aggressive in their hiring practices.

5 Reasons Your Single-Member LLC Needs an Operating Agreement

An operating agreement is a contract that controls the operations of your limited liability company's internal affairs. This includes the interactions between the members of the LLC, it managers, and the limited liability company itself. You may think that an operating agreement is not necessary for your single-member LLC. After all, do you really need a written agreement with yourself?

When Is A Worker An Independent Contractor?

Many businesses prefer to hire workers as independent contractors because there's often less overhead and fewer expenses such as taxes. However, if you misclassify an employee as an independent contractor you could face big problems. Here's how the federal law differentiates between the two.

Are you ready to start your own business?

Many people dream of owning a business one day. Maybe you envision running a pizza restaurant with your spouse and kids and grandkids one day, or perhaps it is a sleek Tech startup you see yourself leading. Whatever it is you imagine, there are a few steps, often more than a few, to turn a daydream into reality.

Creating a successful business succession plan: Part 1

If you own a business in Colorado, one of the most important type of plans you should have concerns business succession. You need some form of arrangements in place to protect your business if something were to suddenly happen to you. Just ask yourself, what would happen to your company if you suffer a critical injury in a car accident or die from a heart attack? As depressing and unsettling as the thought of those situations are, thinking of them can help you to take measures to ensure your company's longevity long after you are gone. 

3 questions to ask yourself before buying a small business

Buying a business can be an exciting and overwhelming venture. In order to obtain the most benefits, however, you have to choose the right business to purchase. Which one is the right fit depends on the answers to several important questions you must ask.

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Law Offices of Karen Brady, P.C.
5400 Ward Road, Building 5-170
Arvada, CO 80002

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