Most everyone has heard that the three most important factors in determining the value of real estate are Location, Location, and Location.  It is equally true that the three most important factors in valuing an ongoing business are Cash Flow,…

Introduction How much do you want to put into your retirement account this year?  With the arrival of the new tax year, retirement account contribution limits change.  Depending on your retirement account, you may be able to contribute $5500, or…

Selling a business you’ve spent most of your working life to build is one of the most important personal and financial decisions most business owners will ever make, and for that reason, it’s important not to wait too long. The…

Introduction Although at the stroke of 12:01am New Year’s Day, this country officially fell off the fiscal cliff (the combination of increased taxes and decreased spending which would have slowed the economy), Congress and the President agreed to measures that…

Admittedly, this will be a bit of a departure from my usual op-ed piece on the process of buying or selling a business, but over the holidays one is occasionally called upon to lead one’s family in prayer before a…