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May 2016 Archives

Protecting intellectual property

A Colorado business may have intellectual property that is very valuable. For example, the patents held by a software company may be the most valuable assets that it owns. For some, the loss of intellectual property would mean the end of the company or a serious setback, so protecting it should be a top priority.

Common business planning pitfalls

Entrepreneurs in Colorado and around the country are often reminded of the importance of planning and the high failure rate of fledgling commercial ventures, but these prudent words of caution sometimes go unheard. Companies with an effective plan in place may find it easier to secure much needed capital and could be better prepared to cope with the peaks and troughs of an uncertain marketplace, but business owners should avoid a number of common pitfalls as they develop their plans.