Connecticut Business Attorney Discusses a Member Managed LLC vs. a Manager Managed LLC Clients ask me as Connecticut Business Attorney, what is the difference between a member managed LLC and a manager managed LLC? A member managed LLC is much like a partnership, while a manager membered LLC is governed much like a corporation. Think of…
Should I Hire An Attorney Instead of Forming My Business Online? I’m often asked as a Hartford County, Connecticut Business Attorney: Why should I hire a lawyer to set up my new company when I can go on the internet and download the forms and do it all online? In certain circumstances, that can be…
How Can I Legally Conduct My Business? As an experienced Harford County Business Lawyer, I’m often asked by clients how they can legally conduct their business. There are a number of legal terms that need to be worked out initially as you set up a new business. These are the framework in which you are…
What are the Different Business Formation Types? When setting up a business in Connecticut there are a number of different options in terms of the type of legal form you can use to run your business. These include: S-corporation C-corporation Non-stock corporation Limited partnership Limited liability company Sole proprietorship. Many people find it useful to…
How Much Do Business Lawyers Charge? Many of the entrepreneurs that I work with come to me initially with concerns about cost. Frankly, they’re looking to be able to budget and accurately predict what the costs will be if they bring an attorney on to work with them as a teammate in developing and building…
What are the Differences Between a C and an S Corporation? As a Hartford County, Connecticut Business Lawyer I get asked, what is the difference between a C Corporation and a S Corporation? A C Corporation is on a default tax treatment by the IRS. In those circumstances, the corporation will be taxed and then…
What If I’m Considering Selling My Business in Connecticut? If you’re considering selling your Connecticut business you may be asking why do I need a lawyer involved? You want a team including a lawyer to work with you every step of the way. There are a number of issues that can come up. Generally these…
Are There Any Benefits to a Connecticut LLC? There are a number of advantages to forming a Connecticut LLC when you start your own business as opposed to a Connecticut corporation. The Limited Liability Company Form is very flexible. It can be utilized to really operate your business as a partnership with a member-managed LLC…
The Differences Between an Asset and a Stock Purchase? As a Hartford County, Connecticut Business Lawyer I get asked, what are the differences between a stock purchase and an asset purchase transaction? In a stock purchase transaction, you’re identifying the specific assets or parts of a business that you’re acquiring from another firm. These can…
What are the Advantages of a Corporation vs an LLC? I’m often asked as a Hartford County, Connecticut Business Lawyer, what are the advantages of setting up a Connecticut corporation? One of the advantages is the free transferability of the shares in the company. Another advantage is the limits on liability that shareholders have. Another…