Businesses are often the recipients of a consistent flow of feedback that comes from customers, investors, competitors and even management within their own company. Analyzing this feedback and understanding its intent is critical for businesses to be able to improve and strengthen their image. For Colorado businesses who receive negative feedback, their ability to see the value in criticism may help them to discover areas where improvements can be made to better their strategy and ability to provide what their…

Running a business is a great way to maintain control over your schedule and pursue your passion that can also allow you to support yourself and your family. Unfortunately, with all of the positive aspects of business ownership come risks that the general public never has to consider. For example, when someone comes to visit your business, you could incur liability if they end up slipping and falling in the parking lot or as they enter the building. If you…

When you decide that it’s time to run your own business, you have two options. The one most people think of first is simply starting your own business. You can build it from the ground up, crafting it into whatever you would like it to be. This can be an exciting — if daunting — task. The problem with starting your own company is that it takes a lot of investment — in both time and money — to make…

Business relationships can have a complicated dynamic at times depending on the personalities of the people that own and manage the company, differences in opinion and even differences in religious beliefs or educational backgrounds. For people in Colorado who are in a business endeavor with another family member, that interesting dynamic can be significantly more fragile as the pressure to keep family and business affairs separate becomes crucial.  Experts suggest many interesting reasons why the dynamic of a family partnership has…

There are numerous people in Colorado who think it would be fun to open up a restaurant or bar. However, it takes a lot of work and planning to set up the establishment correctly. Failure to obtain the proper permits and licenses may prevent a restaurant’s opening and/or result in fines and other penalties. According to The Chron, obtaining a business license is often the first order of business for those who want to open a dining establishment. This may include…