So your New Year’s Resolution is to start a business?

One of the most common reasons new clients come into my office after the New Year is because the person (or persons) want to start a business. After yet another year has gone by working as part of a big corporation, people start to reconsider their purpose in life. Some decide that rather than working another year under someone else that this is the year that they are going to start their own venture – the year that they are going to enter the ranks of America’s small business owner.

There are many steps to starting, and then running, a small business. Meeting with an attorney is only one step in many. Some of the other steps include (and not necessarily in this order): meeting with a CPA, meeting with a banker, creating a business plan, researching your competition, finding business space, and finding a business advisor. It also requires deep soul searching to make sure that your personality and being a small business owner can work together – most small business owners (and I bet almost all successful ones) end up working longer hours than they ever believed imaginable!

There are many earlier posts about the types of businesses that you can start (and as always, I recommend speaking with an attorney like myself prior to starting a business to make sure you start it right). Therefore, rather than talking LLC/corporations/partnerships/etc., this month, we are going to talk about the basics of how to decide who to go into business with. Next week we will start with the pros and cons of going into business by yourself. The following week, going into business with a spouse or significant other and then with partners. Finally, we will talk a little about going into business with friends and family.

I hope you have a great New Year’s and that you have come up with some great New Year’s Resolutions! If any of your resolutions include business needs, make sure to call me, your Denver business attorney, Elizabeth Lewis, today at 720-258-6647!

About Elizabeth Lewis
Elizabeth Lewis is a small business attorney, mother of two, and owner of the Law Office of E.C. Lewis, PC. She works with small businesses from start up to dissolution and everything in between. In addition to running her law firm, she teaches small business owners throughout the state at various business groups, is part of the Colorado Bar Association's Business Law Section, and several chambers. Legal Background Following the advice that she has given hundreds, Denver Business Attorney Elizabeth Lewis became a small business owner in January of 2010. She opened the doors to her own law firm, the Law Office of E.C. Lewis, P.C. which specializes in business, intellectual property, technology, and online law. Prior to starting her own business law firm, she worked for the Law Firm of David A. Sprecace, P.C., where she developed the firm’s business and technology law practice. She also has extensive experience in these fields from working under the lead attorney at the CU Technology Transfer Office where she wrote licensing, non-compete, employment, and business contracts. IT Background Prior to attending CU Law School, Elizabeth worked at Experian, one of the largest credit bureaus in the country providing IT support as part of the email-marketing department. She holds a Masters of Science in Computer Information Technology, gained while working in system administration prior to law school. She continues to be active in the IT community by attending conferences, classes, and events to learn about new technology before it hits the internet. Education Elizabeth Lewis is a native of Denver, Colorado. She has attended Holy Family High School, Metropolitan State College of Denver (Bachelor of Arts), and Regis University (Masters of Science). She received her Juris Doctorate from the University of Colorado Law School and continues her legal education taking Continuing Legal Education classes from the Colorado Bar Association and Denver Bar Association on a regular basis. Additional Activities Elizabeth regularly participates in the Denver Bar Association and Colorado Bar Association. She recently was named the head of the e-Commerce Section of the Business Law Section, Colorado Bar Association. Elizabeth is active in her community and hold memberships with the Fax Partnership, South Metro Chamber of Commerce, Glendale Chamber of Commerce, Colorado Bar Association, and Denver Bar Association. She teaches regularly at locations throughout the Front Range. In her free time, she loves spending time with her family which includes her husband, two sons, and dog and enjoying all that her home state has to offer, including hiking, biking, enjoying over 300 days of sunshine a year, and most recently crossfit.

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