Publications

If the stock you own in a privately held corporation meets certain requirements, you won’t have to pay capital gains on those shares (likely up to $10 million) when you go to sell them.

Colorado’s legislature recently passed an update to Colorado’s non-competition statute.  It will apply to any agreement entered into OR RENEWED after its effective date.  The effective date is currently August 10, 2022.

One of the first decisions you made as a business owner was selecting the name for your business. After months and months of crunching numbers, your creative side came through for you.

So, you want to give equity in your company to one or more key employees? First, congratulations – you’re a good boss. You recognize the indispensable value of surrounding yourself and your business with quality folks aligned with your mission.

The prospect of increased capital gain taxes has the attention of those considering the sale of their companies. But as of this writing, the proposal in the House Ways and Means Committee requires a business be subject to a binding contract to sell on September 13 to avoid the additional 5% tax.  

Just take that in. I mean, wow. For all the non-cinephiles out there, that’s the opening line of the Godfather. From this quite memorable opening monologue, we take a journey with the Corleone family through highs, lows, twists, turns, cannolis and the perils of running a small business – wait, what?

Lisa D'Ambrosia was recently part of a Denver Business Journal panel about selling your business. 

A business’ employees can make or break the business. And Key Employees are necessary to make the business a success.

You have been operating the company under one name – the name that you originally picked and put in the company’s Articles or other organizational documents.  But now it just isn’t as good of a name.  How hard is it to change and what do you have to do?  That depends…. of course!

Mergers and Acquisitions (M&A) activity for privately owned companies track the economy. In the best economic times, middle-market privately-owned companies are gobbled up for frothy multiples.

Business owners are frequently asked by a creditor to personally guarantee the obligations of the company.   For example, landlords and banks typically seek personal guarantees from owners with respect to a company’s lease or loan obligations.

Three owners of a business are struggling – maybe it is the economy, maybe it is their relationship.  Two of them have control of the company and decide to liquidate the company, but plan to continue working with the same clients without the third owner.  Is it really that easy?