Legal Question in Business Law in Colorado

A business attorney would need to know much more about the business, the assets, the investors, the record-keeping and other information to give you the best strategy to protect your assets. As a matter of practice, in addition to have clear written operating agreements for each LLC, maintaining formalities, and other procedures, depending on the business, it is usually preferable that the respective costs of doing business are paid out of each separate entity. As I said, the best strategy really depends and requires more facts. If there are multiple investors, having clear operating and related agreements is key.