Tag: Business Advisory

How would you feel about taking a cross-country road trip without knowing the amount of gas in your tank, your engine's temperature, or your oil pressure? That's why you have an instrument panel on your Read More

Running a successful construction company calls for more than just winning bids and doing great work. To get ahead and make money, you need to carefully track your costs and accurately calculate how much to Read More

Over the last two years, market conditions — from cost increases and forced shutdowns to shortages of labor and supplies — have taken their toll on many businesses. While owners of distressed businesses may hope to Read More

Buyers of businesses generally prefer to arrange for an asset purchase transaction, instead of purchasing an ownership interest in the target business entity. Why? The primary reason is to avoid exposure to liabilities — both Read More

Consumer prices jumped 7% in 2021, according to the U.S. Department of Labor. Unfortunately, health benefit costs incurred by small employers increased at an even higher rate — 9.6% — according to the health benefits Read More

The federal income tax rules for depreciating vehicles used for business are complicated. And different rules apply to different categories of vehicles. Special limitations apply to vehicles that are classified as passenger autos, including many Read More

There are many threats to business profitability and long-term success. Some of them hide behind numbers that look favorable on the surface. Others are easier to spot but difficult to implement. A third category of Read More

Unlike revenues, profitability can be a tricky metric for business owners. Growing your profitability is generally – and ideally – a long-term goal but unprofitability has a way of hiding in short-term numbers. If you’re Read More

As any owner can tell you, running a business is almost always harder than you think it’s going to be. It’s not just the difference between having a business plan and operating a business under Read More

Most not-for-profit executives are aware of the prohibition against private inurement. Generally, nonprofit directors and executives — and their family members — aren't allowed to personally benefit from their positions while putting their organization at Read More