Succession planning is important in any business, but it’s sometimes overlooked in family-owned operations. This is a big mistake. There are numerous former family-run companies that no longer exist due to poor or no succession [Read More…]
The Tax Cuts and Jobs Act of 2017 brings with it many changes that will affect individual and business taxes for 2018. One of the more complex changes will be Section 199A or otherwise referred [Read More…]
Would you use a complicated discounted cash flow analysis to estimate the value of a mom-and-pop restaurant? How about using a price-to-earnings multiple derived from publicly traded restaurant chains? Neither method seems appropriate for a [Read More…]
Over the years many online short-term home rental sites have increased in popularity, such as Home Away and Airbnb, allowing a homeowner convenience in renting a personal home for a couple of weekends each year. [Read More…]
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