Mergers and acquisitions are among the most complicated endeavors your business may be involved in. There are many reasons for this, including that you must determine the right deal structure and purchase agreement terms. The right structure and terms for your company will depend on your goals, how your company is structured, and how you want to manage […]
Mergers and acquisitions are a complex area of business and business law. As such, due diligence is of utmost importance in these transactions. Inadvertent or simple mistakes, issues, or miscommunications during the M&A process could make the entire sale go bad. You can help avoid this in your company’s M&A by preparing for due diligence and enlisting the […]
Maybe you are thinking about selling your company but aren’t ready to list it just yet. It’s crucial to note that you can significantly increase its value and the market demand in your industry by looking at it strategically. Closing and selling a business should be a planned event whenever possible. Ideally, it would help if you could start planning the sale of your business about five years out. Planning gives you a leadership role, […]
At Hackstaff Snow Atkinson & Griess, we believe that practicing law is more than just assisting clients who can pay. It’s also about community service, civic duty, and leaving a positive impact on the lives of others. Since our inception, we’ve made it our goal to help Colorado’s underserved individuals and organizations with their legal needs. While we don’t participate in these activities […]
Selling your business is a significant decision. If you decide to take this step, you want the transaction to go off without a hitch. Without planning and arming yourself with knowledge, there are bound to be some bumps in the road that could compromise a smooth and profitable process. Here are the top mistakes the business owners […]
Both employers and employees have rights under federal and state laws. Sometimes additional rights are established within a contract when an employee is hired. Unfortunately, employment law disputes are common. Whether you run a small business with only a handful of employees or a large corporation, you don’t need to be in business for long to realize the risk. Here are three of the […]
No matter what type of business you own or run, you know that staying on top of your accounts receivables is imperative to your success. When one or more of your clients or consumers doesn‘t pay an invoice, it can quickly and severely hurt your business. Perhaps you‘ve already done your best to contact them and politely ask for payment, and you‘ve […]
Thankfully, starting a business has never been easier. However, that doesn’t mean you should skip over a comprehensive conversation about business entity types. Carefully and adequately selecting a business entity that fits your company’s needs will maximize your profitability, protect you from liability, and reduce tax obligations. In addition, determining the correct type of entity for your online business can mean the difference between a successful business venture that endures […]
Business partnership disputes often arise for various reasons as partners operate a company together and work together. The problem with conflicts is the strain and potential fracture they can cause in business partner relationships and their risk to the company. Some of the most frequent reasons for Colorado partnership disputes arise from: Breach of Fiduciary Duty Each business partner must act in the best interests of the company. Misappropriating company monies, taking business funds that belong to the business for personal benefit, or taking any action that could hurt the monetary interests of the […]
Could your business defend itself against a lawsuit brought by an employee? Even with inclusive and positive company cultures, fair pay, and an equal opportunity employment policy, your company could still be at risk. Multiple lawsuits can arise in the workplace, although most are avoidable by using human resource strategies and employee management procedures. The Top Five Most Common Workplace Lawsuits […]
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