Business law is a broad area of expertise that covers a wide variety of disciplines. From debt financing and tax planning to business formation and acquisitions, the scope of business law is only as limited as the dreams and desires of the people who create the businesses. Colorado readers may be interested in the following blog about one company's decision to step outside its comfort zone and expand.
Businesses rarely stand still for long. This is especially true for a dynamic family owned business like the Coors Brewing Company. According to recent reports, the family that created Coors has decided to expand into the restaurant industry as well, by means of a new business entity known as the AC Restaurant Group. The intention is to diversify the company's holdings and get on top of what may be a new trend in dining in North America.
One of the AC Restaurant Group's acquisitions was Denver-based "better-for-you" restaurant Mad Greens. Mad Greens was founded in 2004 and specializes in fast and healthy food like made to order salads, wraps and paninis. Although the terms of the acquisition were not made public, the Group has reportedly taken a majority stake in the concept, and plans to expand the operations very soon.
Trying new things and taking risks is an essential part to being in business. While many business ventures may seem daunting at first blush, with the right people and a lot of hard work anything is possible. In the end, the key to all good business ventures is a good idea and the willingness to make it a reality. Everything else can be left to the experts.
Source: Nation's Restaurant News, "Why a Doors company acquired Mad Greens," Lisa Jennings, Jan. 16, 2014