Business Tips

Connecticut Small Business Development Center’s brings you practical articles and advice on the issues that matter to Connecticut small business owners. From local regulations to succession planning, CTSBDC’s articles cover a wide-range of topics. Whether you’re starting a business or planning your next stage of growth, explore insights to help you make informed decisions and move forward with confidence.

  • CMMC Phase II Requirements Suspended: What Small Defense Contractors Should Do Next

    CMMC Phase II Requirements Suspended: What Small Defense Contractors Should Do Next

    On July 13, 2026, the Department of War (DoW) announced the suspension of the Cybersecurity Maturity Model Certification (CMMC) Phase II requirements. Originally, these requirements were scheduled to go into effect on November 10, 2026. While the DoW promises this change will allow the department to review the requirements and prioritize speed to capability, lowering…

  • Questions to Ask Before Starting a Business

    Questions to Ask Before Starting a Business

    Small businesses have always been an economic engine in the United States, but in recent years entrepreneurship is growing quickly. The number of applications filed to start new businesses has surged over the past half a decade, according to the U.S. Chamber of Commerce. But starting a business is a big investment that comes with…

  • Selling Your Business? What to Know About Employee Ownership Options

    Selling Your Business? What to Know About Employee Ownership Options

    In Connecticut, tens of thousands of business owners are on the precipice of retiring — this trend has implications far beyond our state borders. Currently, Baby Boomers own about half of all privately held firms in the U.S., almost 2.9 million businesses. This phenomenon has the potential to be so impactful that it has its…

  • Writing AI Prompts for Small Businesses

    Writing AI Prompts for Small Businesses

    We don’t have to tell you that small business owners wear multiple hats. Many entrepreneurs are finding generative AI tools like ChatGPT can help save time on the many tasks that come along with running and promoting a business. Others may feel like learning how to use AI effectively is just another item on their…

  • Connecticut Data Privacy Act: Changes Small Business Owners Need to Make in 2026

    Connecticut Data Privacy Act: Changes Small Business Owners Need to Make in 2026

    By Mary Kay Della Camera, CTSBDC Business Advisor Connecticut’s Data Privacy Act (CTDPA) went into effect July 1, 2023, and gives Connecticut residents rights over their personal data (in an individual/household context) while imposing specific privacy obligations on businesses that act as “controllers” and their vendors, called “processors.” The CTDPA generally applies if, in the…

  • 5 Questions to Ask When Developing a Capacity Plan

    5 Questions to Ask When Developing a Capacity Plan

    By Steven Semaya, Associate State Director, CTSBDC The key to competing with dozens—or even hundreds—of other businesses to score key contracts can be proving your company is able to meet the demands of the contract. Suppliers often focus exclusively on capability but do not address the question of capacity adequately, particularly the resources required to…

  • Practical Tips for Small Businesses Navigating Tariffs

    Practical Tips for Small Businesses Navigating Tariffs

    By Denise Whitford, MBA, CGBP Whether importing or exporting, any company that does business internationally will, at some point, negotiate tariffs. These taxes or duties imposed on specific classes of imports and exports can be used as a protective measure for Made in America goods but also add a level of complexity for small businesses…

  • Protect Your Business: A Simple Guide to Cybersecurity

    Protect Your Business: A Simple Guide to Cybersecurity

    In today’s digital world, keeping your small business safe from cyber threats is very important. Cyberattacks can cause big problems, like stealing your data or money, hurting your reputation, and even shutting down your business. But don’t worry! The NIST Cybersecurity Framework can help you stay safe, and we, at the Connecticut Small Business Development…

  • Search Engine Optimization (SEO) Tips

    Search Engine Optimization (SEO) Tips

    Whether you’re just starting out or have been in business for a while, SEO is an important piece of your marketing strategy. It helps your website rank higher in search engine results pages, driving more traffic and increasing your chances of making sales. In this post, we’ll cover some SEO tips that small business owners…

  • The Employee Retention Credit & IRS Scam Alert

    The Employee Retention Credit & IRS Scam Alert

    The ERC, sometimes called the Employee Retention Tax Credit or ERTC, is a valuable credit for businesses and tax-exempt organizations that qualified for this pandemic-related credit in 2020 and 2021. The Internal Revenue Service (IRS) has recently shared information on the warning signs of aggressive ERC marketing and details on how promoters lure victims. Claiming…