News
By Craig Watrous A well-crafted LLC operating agreement is critical for the business and its owners. Ultimately, the operating agreement is the blueprint for how the company will be managed and addresses how payments will be made to the members, how transfers of ownership will be handled, what happens if a member dies or becomes…
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Checklist for Preparing Your Business for Sale Jun 29, 2022 We regurlarly represent both buyers and sellers in business transactions. Clients often ask about the best time to begin preparing their business for sale, and frankly, it’s never too early. Ideally, an owner starts preparing for the process between one and three years before the…
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Colorado Non-Competition Agreements Nov 03, 2017 By Craig T. Watrous: Every Colorado business dreads the thought of losing a trusted, management or executive level employee to a competitor or to start their own competing business. Having a well-drafted and enforceable non-compete agreement is an important method to limit the damage to your business from the loss of…
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5 Preliminary Elements of Cyber Security Risk Assessment Apr 07, 2016 5 Preliminary Elements of Cyber Security Risk Assessment Between 2012 and 2014, the number of companies in the US hit by cyber security breaches doubled. There is now a common expression in the information security industry: “There are only two types of companies:…
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Colorado Non-Competes in the Sale of Businesses Mar 07, 2016 ENFORCEABILITY OF NON-COMPETITION AGREEMENTS IN BUSINESS SALES By: Craig Watrous We’ve written a number of blog posts and articles on the enforceability of non-compete agreements in Colorado. There’s often a misconception that non-competes aren’t enforceable in Colorado. This is simply untrue. Non-compete agreements are enforceable…
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