Introduction Last month, in The Advisory titled, “THE HIGH PRICE OF NOT OBTAINING ADVICE”, The Center wrote on common omissions many businesses endure.  Among the problems were a lack of tax strategy, a lack of business succession planning, and a…

A business owner who is thinking about selling his business sometime in the next few years recently asked me:  “How soon should I begin working with a business broker?”  My response was: “Probably a lot sooner than you think!” The…

Introduction Throughout my career as an attorney, I have seen many tax and legal situations which could have been easily avoided if the person had good tax counsel and advice early on.  Recently, it has brought to my attention that…

This is the fourth in a series of articles outlining the steps any business owner can take to maximize the value of his/her business when it comes time to sell.  If you’d like to see previous articles in this series,…

Introduction A business is unlike a car or a house.  It is not fully tangible or movable, or even sometimes, apparent in its existence.  To value a car or house, typically market value can be established quite easily by looking…