Mother, May I (Start a Business)?
If you live in Colorado, you may be surprised at how hard it is to start a business. Coyote recently won a concession to manage the Elk Creek Marina on Blue Mesa Lake. He posted a list on Getting the Government's Permission to do Business. It's a 20 item list. Everything on there is either time-consuming, expensive, or both.
- To register as a foreign corporation, we need to hire a person to be a "registered agent" to be a contact with the state. The only real purpose of this person I have ever found is to provide an avenue for mail to get lost.
- We need to fill out a pretty elaborate application to sell Colorado fishing licenses, and may need to post another bond to do so. (Update: Confirmed, we need a $4000 bond).
- We need to go through an extensive application process to transfer three current liquor licenses into our name. I wrote about liquor license hassles here.
- The person on the phone today told me a corporation in Colorado cannot own more than two liquor licenses. If this is true, we will have to form a second company in Colorado, repeating all the tasks above plus the initial work just to form the company
- Our managers need to attend food handlers training in Colorado. Of course, they have attended the exact same course in California, but Colorado wants them to sit through it again within their state's borders
There's more. Lots more. Think of this if you wonder why there aren't more jobs available. Every potential employer has to go through this hassle before being legally allowed to offer jobs.