MBAs And Entrepreneurs Protected By New Law

By the My MBA Career Content Team � Find Top MBA Degree Programs

MBAs, entrepreneurs and other small businessmen and women in Connecticut are now protected by an act requiring small business impact analyses for proposed regulations.

The act is a new state law that takes effect on October 1, was introduced by more than 12 lawmakers and passed unanimously by the General Assembly. Governor of Connecticut M. Jodi Rell signed it last May.

"In these tough economic times, any new government regulation can potentially mean lost jobs or even lost businesses," said Rell. "We need to do everything we can to preserve and grow jobs here in Connecticut, and this law takes us in the right direction. All too often, small businesses are burdened with new regulations that bind them with red tape."

State agencies will now be obligated to inform the public of how their activities might impact small businesses.

If you've always want to start your own company but need the business know-how first, consider enrolling in an MBA program today. An MBA degree could get you the skills you need to start an exciting career as an entrepreneur.

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