In business, it is commonly known that “valuation is an art, not a science.” This essentially means that when creating a valuation analysis, it important to go beyond the numerical analysis and get to the story “behind the numbers”. This also refers to the “art” of valuation analysis, as there are a variety of important areas of judgment that will affect the ultimate conclusion. The business valuati Read More >>
Successful business succession planning comes with lots of planning. Intentionally Defective Grantor Trusts, according to Tom Krause, CPA, can keep things simple and save you money.
There are a number of businesses that will be transferring ownership over the next ten years. Why? Baby boomers. There is a large population of baby boomer business owners who will be upon retirement age and desiring to sell or transfer their ownership.
These business owners a Read More >>
Dennis Dlugosz, CPA, on planning for the best 2016 possible:
2015 is long over, and you had a great year- lots of growth in revenue and net income for your company. Time for some much needed rest and relaxation, right? Wrong! Don’t lose that momentum; carry it over to start off 2016 with a bang.
Planning in good times is just as important as in leaner times. Your organization has to be agile and mobile to adapt and change to whatever circumstances come throughout th Read More >>