Most contractors across the United States would agree that the economy has provided both opportunity and pain over the past few years. For some companies, keeping their doors open was as easy as installing them. Others haven't been so lucky. Here are two bright spots.
Two businesses with similar products, revenues and size may be worth a substantially different amount to potential buyers. The difference? Goodwill.
If you get an e-mail with an official-looking IRS logo that asks you for personal information - beware. The IRS is warning consumers that a number of e-mail scams are afoot that ask about credit cards, PIN numbers, bank accounts and other financial information.
If you sense that the economy is improving and you want to expand your business, you might find something of value in the Small Business Jobs Act signed into law in the fall of 2010. The new law contains a number of tax provisions, but all the changes are not about taxes. A number of lending programs offered by the Small Business Administration (SBA) have also been enhanced.
Giving is down, but need is up. How are nonprofit organizations across the country coping?
After you recruit physicians, you will need to ensure that they have the appropriate credentials. The earlier you're able to enter into an employment relationship with a physician, the bigger the jump-start you will have on credentialing.
A lot of valuations are coming along dealing with family limited partnerships (FLPs), the apparent investment entity of choice for gift and estate planning. One area that doesn't always receive as much attention as other mainstream valuation issues is that of liquidity inside the FLP. How much cash is reasonable - and 'discountable' -inside a family limited partnership?
Controlling Cash Flow - If you feel your bank loan is choking your business, ask the bank to restructure your loan.
Your Planning - Remember, the cost of professional advice is minimal when dreams become reality.
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