The Critical Role of Due Diligence in Buying a Small Business
Due diligence is critical to a successful transaction.
Understanding the Income Approach in Business Valuation
Using the income approach when valuing a business.
How to Value a Small Business: Using the Asset, Market & Income Approaches
Valuing a Small Business
Ready to Be Your Own Boss? Here's How to Buy a Small Business (Part 2)
Buying a Small Business
Ready to Be Your Own Boss? Here's How to Buy a Small Business (Part 1)
Buying a Small Business
The Dynamic Puzzle of People Management
Managing people in any organization can be likened to solving a dynamic puzzle where each piece represents an individual, and the picture they create together represents the overall company culture and output. The idea behind this analogy is that, much like a puzzle, successfully managing a team requires putting together different individuals to create a cohesive whole. However, unlike a traditional puzzle, in business, the pieces are constantly moving, and the picture is perpetually changing.
Gold vs. Dollar: The Inverse Relationship
Typically, there exists an inverse relationship between the value of the dollar and the price of gold. This relationship is deeply rooted in the differing natures of a fiat currency, like the dollar, and a tangible asset, like gold.
Precious Metals Investing for Small Business Owners
Discover the essential guide to investing in precious metals tailored for small business owners. Learn about gold as a store of value, investment strategies, how much to invest, storage options, and safeguarding wealth against economic and political instability. Ideal for beginners seeking a secure financial future.
The Keys to Annual Meeting Minutes
In the dynamic landscape of business, many tasks demand your attention. However, the annual minutes stand out as a non-negotiable.
3 Essential Principles for Identifying Tax Deductible Business Expenses
We're breaking down three guiding principles to help you navigate the world of tax-deductible expenses, ensuring you get the most from your hard-earned revenue.
Why Last-Minute Tax Info Turns Your Return into Sausage: A Tasty Analogy
From Sausages to Taxes: Why Rushing Your CPA Cooks Up Trouble
The Perils of Mixing Personal and Business Finances
Why you don’t want to use your business accounts to pay for personal expenses.
How to Successfully Buy a Business With a Great Legacy
Acquiring an existing business can be a rewarding venture, but convincing the current owner to sell and entrust you with their life's work is no small feat.
Understanding IRS Allowable Salary for S Corporation Owners
How much can I pay myself from an S corporation?
Navigating Stagflation: A Guide for Small Business Owners
In its simplest terms, stagflation refers to a unique and troublesome economic situation where stagnant growth, high unemployment, and high inflation coexist. And for small business owners, this can feel like navigating quicksand.