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Starting Your Own Business: Creating a Legal Business

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Member for

2 years 7 months
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Location

MakeHaven Main Space

The main makerspace and connected shops. This is located at 770 Chapel Street. Registered participants should ring the MakeHaven labeled doorbell. They will be directed down a long hallway, and down a set of stairs to our basement workshop.

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Are you’re interested in starting your own business, but have no idea where to start? 

This class will go into detail about starting your own business and the thought process needed to become an entrepreneur.  The class will be broken down into several topics each night, starting with business idea creation, your goals/dreams and if you truly think you have it in you to make this work.  There are many people who want to start their own business that are fantastic at what they do, but they lack the business experience to take that passion and actually turn it into a profitable business.  This class will help you with all these questions, concerns and decisions.

Some questions to be covered:

Is your significant other on board with you?  Do you have any startup funds? Do you have what it takes to “think” like a business person?  Do you know what you know and more importantly what you don’t know and can I afford to pay someone to do what I don’t know or can I/will I learn it myself?

Topics to be discussed are as follows:





Business

  • Accounting programs/system, legal contracts, creating an LLC/S-corp(legal entity), registering with the State of CT and local city/town, State & Fed Tax ID #, insurance, liability, dealing with people, hiring/firing, contractors