by Dan Smith | Mar 21, 2023 | Blog
Most business owners want to do whatever they can to reduce their tax liability. To achieve that, they do whatever they can to reduce their company’s cash profits including deducting several additional expenses. If you use this strategy, it is a perfectly legal and...
by Dan Smith | Mar 2, 2023 | Blog
Selling a business is a daunting task that no business owner should try to do on their own. Running your own business is difficult enough without also having to simultaneously entertain potential buyers and deal with back-and-forth negotiations. Working with an...
by Dan Smith | Feb 22, 2023 | Blog
The process of selling a business can be very intricate. A successful sale requires being in tune with what buyers are looking for and addressing any potential risk factors. Consulting with a professional business broker can help shed light on what your business needs...
by Dan Smith | Feb 1, 2023 | Blog
Even if you aren’t ready to sell a business, you should have an exit strategy in place so you can plan for a financial future when you are no longer part of your company. Part of creating this strategy is considering the role that taxes will play so that they don’t...
by Dan Smith | Jan 18, 2023 | Blog
Many business owners operate their companies believing that they have to work a full-time schedule, or more, to be successful. The idea that this is necessary to run a successful business is a myth. You might feel like you must be involved in every decision, be...
by Dan Smith | Dec 30, 2022 | Blog
When creating an exit plan for a business, whether you plan to sell it or groom a successor, you must prepare well in advance. If you’re planning to sell, you need to focus on how to effectively market your business to buyers. While you may have a specific type of...