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The Critical Role of Due Diligence in Buying a Small Business
Due diligence is critical to a successful transaction.
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Understanding the Income Approach in Business Valuation
Using the income approach when valuing a business.
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How to Value a Small Business: Using the Asset, Market & Income Approaches
Valuing a Small Business
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Ready to Be Your Own Boss? Here's How to Buy a Small Business (Part 2)
Buying a Small Business
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Ready to Be Your Own Boss? Here's How to Buy a Small Business (Part 1)
Buying a Small Business
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The Dynamic Puzzle of People Management
Managing people in any organization can be likened to solving a dynamic puzzle where each piece represents an individual, and the picture they create together represents the overall company culture and output. The idea behind this analogy is that, much like a puzzle, successfully managing a team requires putting together different individuals to create a cohesive whole. However, unlike a traditional puzzle, in business, the pieces are constantly moving, and the picture is perpetually changing.
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Gold vs. Dollar: The Inverse Relationship
Typically, there exists an inverse relationship between the value of the dollar and the price of gold. This relationship is deeply rooted in the differing natures of a fiat currency, like the dollar, and a tangible asset, like gold.
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Precious Metals Investing for Small Business Owners
Discover the essential guide to investing in precious metals tailored for small business owners. Learn about gold as a store of value, investment strategies, how much to invest, storage options, and safeguarding wealth against economic and political instability. Ideal for beginners seeking a secure financial future.
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The Keys to Annual Meeting Minutes
In the dynamic landscape of business, many tasks demand your attention. However, the annual minutes stand out as a non-negotiable.
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3 Essential Principles for Identifying Tax Deductible Business Expenses
We're breaking down three guiding principles to help you navigate the world of tax-deductible expenses, ensuring you get the most from your hard-earned revenue.
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Why Last-Minute Tax Info Turns Your Return into Sausage: A Tasty Analogy
From Sausages to Taxes: Why Rushing Your CPA Cooks Up Trouble
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The Perils of Mixing Personal and Business Finances
Why you don’t want to use your business accounts to pay for personal expenses.
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How to Successfully Buy a Business With a Great Legacy
Acquiring an existing business can be a rewarding venture, but convincing the current owner to sell and entrust you with their life's work is no small feat.
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Understanding IRS Allowable Salary for S Corporation Owners
How much can I pay myself from an S corporation?
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Navigating Stagflation: A Guide for Small Business Owners
In its simplest terms, stagflation refers to a unique and troublesome economic situation where stagnant growth, high unemployment, and high inflation coexist. And for small business owners, this can feel like navigating quicksand.
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