From Forbes.com 7 Smart Year-End Tax Planning Moves For Small Business Owners David Rae Year end tax planning is an amazing way to increase your small business net profits without having to work harder. While some of you may still need to file your 2021 taxes, the 2023 tax season (filing your 2022 taxes) is […]
Friends of the firm Ed & Valerie Riefenstahl at The Alternative Board (TAB) Fort Worth shared the following article describing how cultivating work/life balance can increase the value of your business. After Ben Allen founded Allen Technology Advising (ATA), he struggled to find work-life balance. “After starting ATA it was really painful for me as […]
During nearly four decades of providing merger and acquisition advisory activity, two questions are frequently asked by owners of companies. First, what is the current market-based valuation of my company? Second, should I decide to sell, how long will the process take? The answers are the following: (1) Valuations should be determined by professional advisors […]
Written by Rachel Behrndt in Fort Worth Report: Tarrant County plans to use $25 million in federal funds to bolster small businesses Rachel Behrndt The pandemic hit Florence “Flo” Salazar Bruner and her 24-year-old business, Firehouse Auto Sales, harder than most. After suffering life-threatening injuries from a car accident, Salazar Bruner awoke to a new […]
Key quote: “Having an experienced professional in your corner will ease the stress and help you feel more confident with the process.” From Forbes.com How To Sell Your Business Using A Thoughtfully Planned Exit Strategy Written by Melissa Houston Are you a business owner who wonders what you will do with your business when you […]
Although we’ve turned the page on the calendar for the New Year, some things remain the same. We’re still enjoying a Seller’s Market in the merger & acquisition environment with interested and financially capable buyers significantly outnumbering those ready to sell their companies. This means that companies that go to market today have many interested […]
I enjoyed sitting down with Rob Schulz, Owner of Schulz Wealth, for his P&L (Priorities and Lifestyle) Podcast. Titled “Becoming Comfortable with Selling”, we covered a lot of ground, including what a business owner can do to increase the value of their business, how to prepare a company for sale and some of the emotional […]
Answering the Bell For years many of you have been in a prize fight as a business owner. You’ve gotten out of your corner of the ring even when you didn’t feel like doing so. You’ve answered the bell and taken punches from all sides — bureaucratic regulators, irate employees, shoddy competitors. You’ve landed some […]
Yes, negotiating a transaction can be painful and time-consuming. Especially if you try to go it alone like the author and her brother appear to have done. Her story is an excellent endorsement for having a professional M&A advisor involved to oversee the process, assist with negotiations, advise about potential deal structures and take care […]
Written by John Carvalho in Divestopedia 3 Simple Ways to Start an Exit Plan in 2021 The new year always brings about a sense of a new beginning and planning for the future. Starting a new diet, hitting the gym or saving more money are all common New Year’s resolutions. Oftentimes committing to a small […]