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If your business has multiple owners, we strongly advise building a buy-sell agreement into your succession plan. Learn more about how these agreements work and why they’re important.
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Business owners: Whether or not you’re thinking about getting your company appraised, it’s a good idea to brush up on commonly used valuation terms.
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Do you find yourself asking what you can do to increase the value of your business? Kevin Kalal shows you 8 ways you can make it happen.
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Allocating year-end tax planning time now can prove beneficial come filing time next year. Learn more about the tax considerations your business should be taking into account and what you’ll want to discuss with our Abdo advisors.
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A marital balance sheet is more than a simple listing of assets. This highly important document serves as your client’s reference for numerous high-stakes decisions. Leveraging the capabilities of Microsoft Excel can help you produce balance sheets that are accurate, easily updated, and easily understood by your client.
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Is now a good time to sell your business? This might seem like an odd question amid a pandemic, but it may be one worth asking. Scott Danger explains that there are a few things to consider before moving forward.
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Your key managers are the people who keep your business afloat. They may also be the people to whom you plan to transition your business. If this is true for you, now could be an ideal time to act. Here are a few things to consider if you plan to explore this opportunity.
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For business owners, the economic downturn caused by COVID-19 could present valuable opportunities for business succession, particularly for family businesses. If you’re a family business owner who intends to gift shares of your business to the next generation as part of your estate plan, now may be the time to act.
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Building value into your business generally means increasing its cash flow and reducing its risk. The truth is, it’s more than a pre-sale best practice. No one knows what the future holds. To help you be prepared no matter what, here are 8 ways to start building value into your company today.
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It can be tough to imagine selling your business—something into which you’ve poured so much time, energy, and emotion. Regardless of where you’re at, the important thing to know is this: The successful sale of your business starts well before the sales process even begins.
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