Exceeding Expectations. Always. — Business Advisors and CPAs

Small Business

Ensuring a Peaceful Succession with a Buy-sell Agreement

A buy-sell helps ensure that heirs are fairly compensated for a departing owner’s interests, and unwilling or unknowledgeable spouses (or other heirs) don’t suddenly become co-owners.
Posted: August 31st, 2017 | Permalink

4 Tough Questions to Ask Before Expanding to a New Location

When a business reaches a certain level of success, adding another location might seem like a no-brainer. But be careful. First ask yourself some tough questions about whether that new location will grow your company or stretch it too thin.
Posted: August 11th, 2017 | Permalink

Why Business Owners Should Regularly Upgrade Their Accounting Software

Many business owners buy accounting software and, even if the installation goes well, eventually grow frustrated when they don’t get the return on investment they’d expected.
Posted: July 7th, 2017 | Permalink

Pro Forma Compilations Look at How an Alternative Course of Action Would Have Affected Financials

The American Institute of Certified Public Accountants (AICPA) has clarified its guidance on pro forma compilations.
Posted: June 23rd, 2017 | Permalink

Dot The “I’s” And Cross The “T’s” On Loans Between Your Business And Its Owners

Treating transfers of money between a closely held business and its owners as loans can provide tax advantages. But the IRS looks closely at such transactions, so it’s critical to establish that the transaction is truly a loan.
Posted: June 21st, 2017 | Permalink