When you decided to open a small business, you never thought you’d get to a point where you’d need to pay employees to work for you. You thought you’d always run the business on your own, but you were surprised when it took off and started doing much better than you...
Business Formation & Planning
Is an LLC the right option for the business you want to start?
If you intend to start a new business, you have to make a lot of decisions. From company logos and business practices to insurance coverage and the legal format that your business takes, there's a lot on your plate. Business formation is one of the most important...
Consider employment history when acquiring businesses
In an acquisition, business owners know that they must complete their due diligence. This allows them to protect their company and fulfill all the necessary legal steps.One step of this process that business owners should not overlook is assessing the business’s...
What you must consider in a joint venture agreement
Many businesses, large and small, find that creating a joint venture can be a lucrative arrangement. Two businesses combine forces and resources for a certain project to bring a new unique product or service to consumers.However, because the businesses in a joint...
New privacy law could challenge business owners in 2020
The business world is ever-changing. Business owners must proactively adjust their strategies to keep up with these changes and increase the success of their business ventures.So, what kind of changes and trends should business owners expect in 2020?...
Recent analysis re Connecticut’s economic sphere
Proactive and prudent business owners and entrepreneurs often enlist the close and sustained help of proven commercial legal counsel on matters germane to enterprise risks, challenges and opportunities.That reality might likely strengthen for Connecticut company...
Company handbooks: good for employees or employers?
Here’s a short answer to today’s above-posed blog headline query: Good for both.Candidly, a quality company handbook – meaning one that is comprehensive, tailored and deemed reasonably responsive by both management and workers – is a...
Liquor law: one of CT’s most complex, regulated legal spheres
It’s hardly surprising that laws surrounding the manufacture, distribution and sale of liquor in Connecticut are among the state’s most complex and exacting, is it?After all, alcohol is a closely regulated product. It is immediately understandable that...
Federal Reserve Chair’s focus today is on CT’s business sphere
We referenced the bottom-line complexity of business in Connecticut and nationally in a recent Berdon, Young and Margolis blog post. We noted in our firm’s November 11 entry that most discussions on commercial challenges and opportunities must ultimately...
Connecticut business concerns: long-term issue or temporary blip?
“People doing business know how complex it is.”We make that remark on our website at the long-established Connecticut commercial law firm of Berdon, Young & Margolis in New Haven. Although legions of pundits and industry commentators routinely weigh in...