Chipman, Mazzucco, Land & Pennarola, LLC

business law Archives

The unexpected cost of owning a company

Running a business in Connecticut or anywhere else can be expensive. However, many business owners may only take into account the cost of paying workers or buying equipment. What they may not be thinking about is the cost of business liability insurance policies. While prices may vary for an individual business, the average yearly insurance cost is about $741. Those who don't have coverage may be financially exposed in a lawsuit or other claim.

How to make a company an acquisition target

In 2017, there were $2.7 trillion in business acquisition deals, and that number is expected to climb to $3.2 trillion in 2018. Large companies may be interested in acquiring startups in Connecticut and throughout the country as a means to quickly grow their businesses. While this was once a strategy employed mostly by tech companies, other organizations also use this tactic these days.

Common startup company mistakes

The decisions that entrepreneurs in Connecticut and around the country make before launching commercial ventures often cast long shadows, and their eagerness to get their new businesses up and running can sometimes lead them to make choices that may seem unwise in hindsight. Entrepreneurs must choose what type of product or service they will bring to the market and how they will obtain the funds necessary to cover their startup costs. Devoting sufficient time to these important decisions can help them to avoid many common pitfalls.

Email Us For A Response

Schedule Your Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Chipman, Mazzucco, Land & Pennarola, LLC
39 Old Ridgebury Road
Suite D2
Danbury, CT 06810

Phone: 203-501-1712
Fax: 203-790-5954
Fax: 203-744-5371
Map & Directions