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As a skilled businessperson who understands markets, the need to be a visionary and relationship builder as well as how to succeed and knowing when to fold, you are used to calculated risks. You see solid growth on the horizon for your company, and, now, you consider...
In general, Connecticut is a great state for a business. The workforce is generally well educated and reliable and there are numerous growth opportunities. In fact, US News has ranked us as a top ten state for businesses. However, the Connecticut Unfair Trade...
If you’re starting a new business, you’ve probably realized that you have to become well-versed in an incredible number of subjects now that you may have no experience in. You’re starting your business because you have an excellent idea for a product or service, so...
If your business does not have a succession plan in place, you are not alone. Recent estimates find less than 55% percent of businesses are training a successor and 39% have no viable candidates for the role. Unfortunately, this lack of proper preparation for the...
Business owners are wise to actively plan for the transition of business ownership from the current owner to the next. But what does this mean? Although the exact answer should be different for each business, there are some generalities that hold true across the...
The current coronavirus pandemic has impacted every facet of our lives. In addition to changes in how we socialize, the pandemic has also had an impact on our finances. This has made it difficult for many to pay their bills, Are contracts still enforceable? In...
COVID-19 has led to stay-at-home orders and travel bans. Employers are doing their best to keep their workers safe, often adjusting to a work-from-home platform on very short notice. In this new employment landscape, those who are looking to move forward with merger...
Business growth can mean many things. For some, it takes the form of mergers and acquisitions. These opportunities can allow businesses to increase their footprint in an area and grow their business capacity. For others, a joint venture may provide the right...
The current coronavirus pandemic has led to an economic downturn that has impacted almost every business sector throughout the country. Entrepreneurs can survive these uncertain times by taking proactive measures to protect their business interests. Three examples...
Investors can use real estate to help diversify their portfolio. Both residential and commercial properties can play a role in one’s financial portfolio and, in some cases, can also provide tax advantages. Use real estate for tax advantages carefully In the past,...
