Employee Stock Ownership Plans (ESOP) have been around for 35 years, and many well known, national companies have them, but many misconceptions still exist, such as: (1) Employees will directly own the company’s stock [FALSE], or (2) Employees will directly…

Introduction In the past, assessment and submission of state sales taxes was easy.  Merchants would add on the required state sales tax to the purchase, that amount would be collected, and the merchant would submit the required amount to the…

Certified business appraisals have traditionally been required by lenders as a pre-condition for final loan approval on larger deals. In today’s skittish and skeptical financial environment, certified appraisals of both the business as a whole, as well as of its…

Introduction As the country has been in a recession for the past year, many companies have endured economic hardships.  These hardships include loss of revenue, lay off of qualified employees, debtor defaults, bad cash flow, delayed cash flow and vanishing…