A Mistake Many Small Businesses Make Early On Many New Haven businesses start with informal agreements between founders, partners, or early clients, trusting that a good relationship will carry the arrangement through disputes. This approach frequently works fine until it genuinely does not, at which point the absence of clear documentation can cost a business…
Filing for bankruptcy does not automatically mean losing your home. Connecticut’s homestead exemption protects a significant amount of home equity, and a 2021 law made that protection considerably larger than it used to be. What Is Connecticut’s Current Homestead Exemption? Under Connecticut General Statutes Section 52-352b, a debtor filing bankruptcy can exempt up to $250,000…
Filing a certificate of organization with the state feels like the finish line, but a Connecticut LLC that stops there often leaves its owner more exposed than they realize. Real liability protection depends on several steps most new business owners never hear about. The Filing That Officially Creates The LLC Under Connecticut General Statutes Section…
How to Do a Business Divorce Like marriages, many business partnerships do not last forever. Sometimes it is because one partner failed to hold up their end of the deal, and sometimes it is because the partners’ interests diverge over time. At the end of the day though it does not really matter – they…
The Steps to Remember When Forming a New Business Venture What are the steps in forming a new venture in Connecticut? It begins with developing a business plan and bringing together a group of advisors that can guide you on the best structure and ownership plan in respect to the new business. Then obviously you…
Can I Operate a Business Under More than One Name? I’m often asked whether you can operate your business under more than one name in Connecticut. You can, it’s called ‘doing business as’ or trade name. In Connecticut, this can be achieved by locally filing a Doing Business As Registration Form. In contrast, in New…
Connecticut Business Attorney Discusses Facts that New Businesses Should Know Are you a new business or thinking of starting a new business in Connecticut? There are a few things you should know about business formations in Connecticut. First, most people start with forming an LLC and there are several advantages to forming an LLC when…
Hartford County Business Lawyer Explains How You Can Sell Your Business As an experienced Hartford County Business Lawyer, I am often asked how someone can sell their business.. Many Issues can arise up along the way. It is best to have an attorney on your side. These can include tax planning, stock purchase, asset purchase, or drafting…
Connecticut Business Lawyer Explains How Much Hiring an Attorney Costs As an experienced Connecticut Business Lawyer, I work with many entrepreneurs. They will come to me at our initially consultation with concerns about cost. The client is actually trying to budget and accurately predict what the costs would be if they brought on an attorney…
Connecticut Business Attorney Examines the Most Effective Forms of Business Clients often ask me as an experienced Connecticut Business Attorney, about the most effective forms of business. The answer depends on the circumstances of your exact business. I advise clients as a Connecticut Business Attorney, that the popularity of the elicit corporation or partnership form…