We noted in our immediately preceding blog post the close link between state government dictates on economic matters and their spillover implications for commercial entities. Our December 3 entry stressed how closely “government performance and policy affect local businesses and growth opportunities.”
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.
Does a new Amazon headquarters have to be physically located in Connecticut to benefit the state’s economy?
It’s not rocket science, implies a noted business economist/commentator in a recent take on national economic trends and demonstrated growth.
Entrepreneurs bursting with creative talents and energies are understandably focused upon business creation, not succession. Their thoughts are duly centered on things like organizational structure, optimal entity choice and gaining competitive traction in the business world.
A national business article from last week makes a number of interesting points. Its most notable takeaway is perhaps its stressed observation that, “There’s never been a better time to be a small business owner.”
Whether it ends up being a couple handwritten pages in a spiral notebook or a thick tome replete with charts and detailed financial analysis, it's your business plan. Take pride in it.
If the hat you wear as a commercial principal is marked either “franchisor” or “franchisee,” you obviously covet smooth company-local operator interactions in your business relationship.
Famed 19th century German/Prussian ruler and aristocrat Otto von Bismarck is the alleged author of the remark (paraphrased) that, “Laws are like sausages; it’s better not to see them being made.”
Are the financing options short and unattractive if your Connecticut business is at an incipient stage and lacking a proven credit history that lenders can rely upon? And does that also hold true for an already established company that has taken some hard competitive hits and is now dealing with serious restructuring issues?