How To Save For Retirement AND Grow Your Business

Let me cut right to the chase: Selling a business is not a retirement plan. Yet, too often, it’s the only plan business owners seem…

Section 1202: The little-known tax rule that could save you big money when you sell your business.

A little-known tax provision dubbed Section 1202, which we’ve covered before, is getting a lot of attention these days thanks to the Tax Cuts and…

Tax Reform’s Impact on Mergers & Acquisitions

While it’s too soon to tell if the goals set forth by the Tax Cuts and Jobs Act of 2017 (TCJA) will be met, we…

Mergers and Acquisitions: Basics for Small Business.

Mergers and acquisitions. What does that mean to you? Do you picture big city investment bankers and corporate raiders, Fortune 500 companies, hostile negotiations, confusing…

Not So Fast: What you need to know before you sign a non-compete agreement.

Selling your closely held business has its perks.  Whether you’re looking to gain cash or stock and diversify your assets, or just simplify family relationships,…

Declaring Independence

The Declaration of Independence is rightly called the founding document of the American political tradition; it articulates the fundamental ideas that form the American nation.…

Increase Business Value in 3 Steps

If you are like most business owners, your net worth is likely 85% related to your business’s value , (see earlier post) also link to…

How Much Is My Business Worth? Part II

In an earlier post, I discussed the different reasons a business owner might do a business valuation. There are many great articles that describe different ways to sell your business, including one by the Wall Street Journal. In this post, I’ll discuss the different ways a buyer might value your business for purposes of sale.

Four Reasons to Perform a Business Valuation

Our firm gets asked to perform business valuations from time to time. One of the first critical questions we always ask is ‘why’ as the…

Estate Tax Deferral – Closely Held Businesses

In today’s post I will discuss a special estate tax deferral election that is available to those who do not have a business transition plan…