This is the first 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 it. Optimize Cash Flow It probably comes as no surprise…

Introduction Why buy one home and deduct a small amount of mortgage interest, when you can buy two homes and deduct double the amount of mortgage interest?  A not-so-well-known rule exists regarding second homes. Most people focus on one home,…

It seems that more and more business owners are asking me that question these days.  Given the recent “perfect storm” of collapsing financial markets, tighter credit, growing unemployment and a worsening economic recession, it’s a very fair question. My answer…

Introduction There were 66 million babies born between 1945 and 1964.  The era was known as the “Baby-Boom” and the “Boomers” are reaching retirement age.  In fact, the oldest are now turning sixty-seven and the youngest are embarking on their…

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,…