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State of the state: business team focuses on Connecticut economy

| Dec 3, 2018 | Business Formation & Planning |

We applaud you if you’re an established Connecticut business owner or fledgling entrepreneur seeking to commercially grow and prosper in the state. If you’re reading our blog, we know you are centrally concerned with the same challenges and opportunities that we daily focus upon at Berdon, Young & Margolis, PC, in New Haven. Our law firm has been a proven business advocate for creative and driven individuals like you for decades.

We know what’s on your mind, and spotlight those concerns on our business law website. We note therein the sheer complexity of doing business – both in Connecticut and across its borders – and the fact that a company principal can seem rudderless without ready and confident access to proven legal advisers. Going it alone, we underscore on our site, is akin to “doing battle in the marketplace unarmed.”

There can be a seemingly never-ending list of things to think about for any business player thoughtfully focused upon proactive and creative business strategies. Those range widely from company formation issues, financing options and regulatory compliance to employee concerns, expansionary goals and dispute resolution.

And then there are, of course, business-tied relevancies surrounding state government goals and determinations. What is the “state of the state” in terms of how government policies and performance affect local businesses and growth opportunities?

That is precisely the concern of a team of noted business executives comprised as a panel tasked to offer advice to Connecticut officials. As a recent Hartford Courant article notes, that group made an initial set of recommendations earlier this year. Its leaders expanded further on their ideas in a news conference held last week pursuant to fine-tuned adjustments they elaborated on in what they call “Report 2.0.”

We will take a look at their proposals – and, importantly, what they might mean for Connecticut businesses – in our next blog post.