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Entrepreneurship

20 Things to Do When Opening a New Business in Connecticut [Video]

Starting a business is an exciting journey, especially in a state like Connecticut, which offers a rich economic environment, a skilled workforce, and diverse industries. To set your business up for success, it’s essential to follow a structured process. Here are 20 essential steps to guide you through opening a new business in Connecticut.

1. Refine Your Business Idea

Every successful business starts with a great idea. Take time to refine your concept, identify your target audience, and evaluate the demand for your product or service. Research your competitors and find ways to differentiate yourself in the market.

2. Choose the Right Business Structure

Decide on the legal structure of your business:

  • Sole Proprietorship
  • Partnership
  • Limited Liability Company (LLC)
  • Corporation

Each structure has different legal, tax, and financial implications, so consult an attorney or tax advisor to determine the best option for your needs.

3. Register Your Business Name

Pick a unique and memorable name for your business. Verify its availability through the Connecticut Secretary of State’s website and …

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Categories
Entrepreneurship

How a Simple Coffee Sleeve Redesign Increased Customer Returns [Video]

The success of any business often hinges on small, thoughtful changes that leave a lasting impression. For coffee shops, this can include enhancing the customer experience with clever tweaks to packaging or branding. But how could something as simple as a coffee sleeve make a measurable impact on customer loyalty? Surprisingly, the humble, often overlooked