business law Archives - Hackstaff, Snow, Atkinson & Griess, LLC

News/Resources

Before You Sue: Stopping a Business Dispute from Escalating

While the saying “it’s just business” or “it’s nothing personal” is meant to de-escalate a business dispute, it rarely works. Business owners are personally involved in their businesses and emotionally tied to their ventures, making it difficult not to have an emotional, knee-jerk reaction to contractual or partnership friction. And that can be a recipe […]

5 Common Business Litigation Disputes

Business litigation disputes can stem from any number of causes, but there are a few areas that litigators see more than others. The upshot is that by taking note of the most common sources of dispute, companies can proactively tighten up policies and strengthen contracts to mitigate as much litigation risk as possible. And while […]

The OBBBA and SALT Deductions – What to Know

Among the many areas affected by the passage of the One Big Beautiful Bill Act (OBBBA) in July, the State and Local Tax (SALT) deduction is one that’s been at the top of many lists.    OBBBA increases the SALT deduction cap Previously, the federal SALT deduction cap was set to $10,000 for married couples […]

Identity Theft: Protecting Your Business

Businesses are just as susceptible to identity theft as private individuals. According to the Colorado Secretary of State, reports of business identity theft have been on the rise in recent months. But there are steps you can take to safeguard your business and be vigilant against any fraudulent activity.  The best place to start is […]

In 1970, when Congress passed the Racketeer Influenced and Corrupt Organizations Act (RICO), most Americans were familiar with the famous movie mobster Rico Bandello from the film Little Caesar, one of the first “talkies” ever made.   The Act was cleverly named after the mobster and was initially used to weaken the Gambino crime family. In […]

Trade Secrets and NDAs: What to Know

Businesses risk a great deal when they share their trade secrets with employees or other individuals and entities—like franchises, business partners, or potential buyers.   These trade secrets can be the lifeblood of a company. What happens if one of those individuals or entities walks away with a client list, a secret recipe, or a cutting-edge […]

Corporate governance refers to how an organization manages fairness, accountability, responsibility, and transparency in its relationships with stakeholders. Through a solid corporate governance framework, fraud risks and conflicts of interest can be better identified, managed, and resolved in business.   While the concept may seem like it only applies to large companies, our experience as Colorado business […]

Understanding Fairness In Corporate Governance

The main goal of corporate governance is to establish a system of practices and rules by which a company operates and to build that system into the DNA of the business. Good corporate governance aligns stakeholder interests around the fundamental principles of accountability, responsibility, transparency, and fairness.   Adherence to these principles and other related ones, […]

A privacy policy outlines exactly what types of information your business is gathering from website visitors, how you plan to use the information, and how you’ll keep it private.  This has become increasingly important in recent years for several reasons. First, your privacy policy helps your business build trust with customers and is a legal […]

The prospect of purchasing a business is an exciting one, filled with many potential opportunities. However, it’s crucial not to get so caught up in the excitement and possibilities that you gloss over asking the right questions you need to make the best decision. Everyone should be asking for the financials including the company’s, and […]