Category: Business News

As of July 1, 2022, the cost to form a Colorado LLC is just $1. This is thanks to the implementation of the “Colorado Business Fee Relief Act” (House Bill 22-1001). 

If you’re wondering what this means for business owners and entrepreneurs in the Centennial State, you’ve come to the right place. Keep reading to learn everything you need to know about the new Colorado LLC filing fees. We’ll explore which filings are $1, how long the new rates will be in effect, and anything that’s new about starting an LLC in Colorado. 

Which Colorado filings are now $1? 

According to the Colorado Business Fee Relief Act, two specific filings are now $1. They include new limited liability company (LLC) formation and trade name registration. That means the following documents now cost $1 to file: 

• Articles of Organization (Colorado LLC formation)
• Trade Name Statement (Colorado trade name registration)

Previously, the

Community over corporations: Small businesses compete for top talent by putting people first

For small employers, the current economy presents numerous challenges — but also numerous opportunities — suggests new Homebase research, which shows workers at small companies feel more valued than those at large companies. Read the full report below or download it as a pdf.

We have survived numerous supply chain disruptions and shortages in the last few years. Still, there’s probably at least one asset whose short supply continues to keep business owners up at night: labor. In fact, small business owners in June 2022 told Homebase that hiring new employees and motivating/engaging existing employees are their top business concerns, trumped only by high rental or real estate costs. And as recently as August 2022, less than a third of workers told Homebase they were worried about becoming unemployed at some point in the next two years.

Data continues to grow in importance for customer insights, projecting trends, and training artificial intelligence (AI) or machine learning (ML) algorithms. In a quest to fully encompass all data sources, data researchers maximize the scale and scope of data available by dumping all corporate data into one location.

On the other hand, having all that critical data in one place can be an attractive target for hackers, who continuously probe defenses looking for weaknesses, and the penalties for data breaches can be enormous. IT security teams need a system that allows for security to differentiate between different categories of data to isolate and secure it against misuse.

Data lakes provide the current solution to maximizing data availability and protection. For large enterprises, their data managers and data security teams can choose from many different data lake vendors to suit their needs.

However, while anyone can create a data lake, not

What is a hosted phone system?

A hosted phone system or cloud phone system is a business phone setup that works via an internet connection and is hosted in the cloud by a third-party vendor. Compared to old school traditional phone systems that required you to have your own server and equipment onsite, a hosted phone system can save your business money in maintenance cost and equipment cost.

There are two main types of hosted phone systems, which are: 

1) Cloud-hosted phone system: All phones connect to an outside VoIP data center. The phones are configured with an individual login and are programmed beforehand to register with a SIP server.
A cloud PBX comes with all essential features your modern workforce needs. Voicemail to email, auto attendants, video conferencing — you name it. From a management perspective, this is the easiest PBX platform to manage.
2) PBX SIP Trunking:

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