Attention: Effective October 1, 2020 Hamilton County sales tax will increase from 7.0% to 7.8%. This Spring Issue 7, a major transportation levy to boost bus service and infrastructure spending, was narrowly passed that increased the sales tax in Hamilton County from 7.0% to 7.8%. In conjunction with this increase in sales tax is a […]
The 2015 Tax Extenders Bill has given business owners new predictability in the tax code and has given you the opportunity to hone your tax strategies.
When planning next year’s budget, look to the future and never dwell on the past. Good strategy requires good numbers—it’s just that simple. It’s impossible to look at the big picture without making reasonable assumptions about where, how, and when cash will be coming in, and where, how, and when cash will be required. That’s […]
Exit Planning and Estate Planning have the same general goals. Once owners see that the two processes share the same goals, they can leverage the time and money they spend developing their Exit Plans into the design of their estate plans.
Remember: One day, you will leave your business.
Don’t wait until you’re ready to transfer your business to create an air-tight buy-sell agreement.
Business-continuity planning is vitally important to owners’ companies and families. Without a well-considered business survival plan, the consequences for owners’ employees, customers, and, most importantly, family and estate can be dire.
If you co-own your business, the business-continuity agreement (or buy-sell agreement) is one of the most important documents that you will sign.
If you think that an inside ownership transfer your business to your children or management team is inherently risky, you’re right.
These 10 elements of selling to insiders can help make any inside transfer successful.