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Choosing Your Business Structure (Part II)

2017-02-06T20:38:55+00:00

cooperate-437511_1280In part I of this blog series on business structure, we defined the four most common types you can choose from. Now we consider five scenarios that could affect your decision.

It’s important to note that this is not an all-inclusive list or formal tax advice, […]

Choosing Your Business Structure (Part I)

2017-02-06T20:38:55+00:00

Business PresentationAs a business owner, you’ve probably wondered if your company’s current structure is the best choice. The same is likely true for those looking to start a business, but aren’t sure which structure to pick.

Regrettably, there is no straightforward answer to this question; it depends […]

Former Business Owners Express No Regrets About Selling Out

2017-02-06T20:38:55+00:00

small_pat_pic_0This article was originally published by Patrick Carroll, Obsidian Business Solutions. Any examples provided are hypothetical and for illustrative purposes only. Examples includes fictitious names and do not represent any particular person or entity.

“I can’t play golf every day.”

“My wife wants to see more of me – […]

Four Common Deal Killers for Buyers

2017-02-06T20:38:55+00:00

Aaron-GhaisBuying another company requires a big commitment and should not be undertaken lightly. As the buyer, you’ll need to line up financing, put together a deal and pay professional fees, divert a significant portion of your attention away from your main business to get the deal done, […]

Different Methods of Valuing Your Business

2017-02-06T20:38:55+00:00

cooperate-437511_1280Valuing your business can come with a range of advantages. Whether your ultimate goal is to grow your business, sell it, or refocus its objectives, a valuation can be incredibly useful and insightful.

There are three main approaches that can be used: asset, income, and market. Choosing the […]

What Should I Consider When Selling a Small or Medium-Sized Business?

2017-02-06T20:38:55+00:00

At some point or another, most small and medium-sized business owners will be faced with an important question: “Should I sell my company?”

In a perfect world, selling would be as easy as slapping a “for sale” sign up on the door and calling it a day. Unfortunately, it takes much more work than this. As […]

What’s Your Five-Year Plan?

2017-02-06T20:38:55+00:00

business planIn the Adam Sandler movie Big Daddy, Adam’s girlfriend leaves the lovable slacker for a much older man because “he has a five-year plan.” Steven P. Larson, an associate with McCarthy, Lebit, Crystal & Liffman, says in his blog that in an ideal world, business owners should […]