Forming a Limited Liability Company (LLC) is a popular choice for entrepreneurs in both Connecticut and Massachusetts, offering protection of personal assets, tax flexibility, and ease of management. Wondering how to create an LLC in Connecticut or Massachusetts? This...
Category: Business
Opportunity for Young Dentists to Purchase a Practice: Why It’s Closer Than You Think
Lately, we’ve been doing a lot of exciting work at Scott B. Franklin & Associates with young dentists thinking about and pursuing dental practice ownership. Last week, we had the pleasure of speaking with an excited and engaged group of dental residents at the...
Business Owners: It’s Time to File Your Beneficial Ownership Information Report
If you own a business or plan to start one, you need to know about a new U.S. Department of Treasury reporting requirement. Effective January 1, 2024, the Corporate Transparency Act of 2020 mandates that most businesses report key information about their owners and...
FTC Bans Non-Compete Clauses in Employment Contracts
The Federal Trade Commission (FTC) recently announced a new rule, effective as of September 4, 2024, that prohibits the use of non-compete provisions in any agreements with employees. This new rule may require your immediate attention and potentially significant...