Business
Business Plan
Connecticut
Can you help me set up a car dealership?
I live in CT but want to open a dealership there. How cheap can I open one?
Answers from 1 Lawyer
Answer
Business
Connecticut
Jane C.
ContractsCounsel verified
I suggest you have a consultation with an attorney. There are a number of factors to consider - cost to rent space, insurance, and taxes are a few.
People Also Asked
Business
Business Plan
South Dakota
Would like to start a sport leeauge.
There is. No such leauge like i want to start.
T. Phillip B.
I'm not sure how to respond since there isn't much of a question. But best of luck in creating a successful sports league.
Read 1 attorney answer>Business Contracts
Business Plan
California
Can a business plan be legally binding?
I am in the process of developing a business plan for a new venture and I want to ensure that the commitments and agreements outlined in the plan are legally enforceable. I have heard conflicting opinions on whether a business plan can be considered a legally binding contract, and I am seeking clarification on this matter to ensure that I am taking the necessary steps to protect my interests and the interests of my potential business partners.
Dawn K.
Hi- the business plan is being developed for whom? For your own planning to execute the first phases of your business? For financing? IF you want to have a legally binding agreement, there are specific rules- particularly around who are the specific parties to the agreement and what the specific performance is required for each side to complete. Often a business plan is just that- a plan for a business. Market research, competitive analysis, product/ service differentiation, etc. It will likely have forecasts based on market intelligence and industry- but it is not directed at one or even a few other people. IF after the plan is completed, you enter into a partnership agreement with specific items that each party agrees to do, that is a different document. Business plans are typically flexible and able to adapt to changing market conditions. Contracts are "you do A, I will do B" so that we know exactly what a "breach" is. Even if contracts are modified or amended- there are clear terms that outline who does what. So, depending on the style and purpose of your plan, it may not legally bind specific people to do specific things. And that would be the key difference in a plan vs a legally binding agreement.
Read 1 attorney answer>Business
Business Contract
Connecticut
Would creating an investment LLC benefit me?
I am an active day trader (and may invest in real estate this year) so, would setting up an "investment LLC" be a benefit for me and help me lower my tax obligation when taking monthly profits as part of my "salary"? Should I include my wife as an employee and pay her as an expense? And, my sons, to a lesser degree? Would Capital gains be calculated differently if I just invested as an individual? Is an LLC the best corporate type of filing? Thank you, Peter F.
Jane C.
I suggest you consult with an attorney and speak to your accountant as to how to best structure the set up.
Read 1 attorney answer>Business
Business Purchase Agreement
Connecticut
Buying restaurant process
How to transfer the previous owner restaurant to our? I would like to get the step of process. Buying from them or contact to the landlord.
Jane C.
There are many steps to buying a restaurant. Will you be buying the assets? Or will you buy the entity as a whole? To start, I suggest you consult with an attorney. You will need to do many things. A lien search. Depending on how you structure the transfer - contract assignments, lease assumption, IP transfers, etc.
Read 1 attorney answer>Business
Relocation Agreement
Connecticut
my relocation repayment is listed on my summary of benefits but no amount i am living before the 12 monts what i am liable $$ in dollars
relocation agreemtn with no dollars specify for liability
Jane C.
An attorney needs to review your relocation agreement. You do not provide enough details in this post.
Read 1 attorney answer>