CT Business Law Attorney Discusses the Steps in Forming a New Business
As an experienced CT Business Law Attorney, I am often asked “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 you would need to raise the capital and decide on who will own what percentage of the company. Then the next step is to file with the Secretary of State the articles of association, ensuring that the business name that you’ll be utilizing is unique. It’s important to work with a CT Business Law Attorney when it is time for key legal documents to be executed. These include an operating agreement, a potential buy-sell agreement and certain other agreements. Finally, bank accounts need to be opened, tax ID numbers need to be obtained and a number of other steps need to be taken.
Are you looking to open a new business in Connecticut? Contact our experienced CT Business Law Attorney to guide you, in this important matter.