3 Key Points to Structuring a Deal
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3 Key Points to Structuring a Deal

Every business owner has a big dream for their company and wants to make it happen. The problem is many deals can fall apart over terms, leaving both parties confused and frustrated. There are many pieces to consider when structuring a deal. How much? What price? Cash vs. stock? Lump sum or payments over time?…

Your Most Googled Financial Questions Answered: Taxes, Credits, & Deductions
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Your Most Googled Financial Questions Answered: Taxes, Credits, & Deductions

Wrapping up our series on your most googled financial questions, we saved a big one for last: taxes. A word that strikes fear in the hearts and minds of many business owners. But, it doesn’t have to.  Every business owner has a big dream for their business and wants to make it happen. However, many…

3 Things You Need to Know to Potentially Lower Your Tax Liability
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3 Things You Need to Know to Potentially Lower Your Tax Liability

I have several clients that either work in or support the construction industry. This is one industry that has taken off post-Covid and there doesn’t seem to be any slowdown in sight. More revenue means more taxes and several of these clients are looking at their taxable income and how they might be able to…

Teaching Financials to Drive Performance: Part 2 The Profit and Loss Statement

In our last post, we discussed that of the 4 critical items, (Profitability, Asset Quality, Liquidity and Leverage) 3 of them are from the Balance Sheet. The 4th, Profitability is on the Profit and Loss Statement, sometimes called the P&L or the Income Statement.

5 Steps to Prepare for Selling Your Business

You’re busy running your business and all of a sudden you get a phone call from a potential suitor that is interested in buying your business. You’re flattered, intrigued, you might even consider selling.  But what’s the value of your business? How do you structure the sale? What’s going to be your tax liability? What’s…

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