From 2008 until 2012, the door was closed for almost all small closely held business exits. Especially in ’08, ’09 and ’10, very few people (and no lenders) were willing to take on the risk of a [...]
For most small business owners, day-to-day business operations are their biggest source of stress. They feel like jugglers, always keeping balls in the air and dealing with customer, vendor, and [...]
There are many ways to estimate the value of a closely held business, and they all seem complicated. But, in reality, it’s not much different than pricing a used car. Figuring out an asking price [...]
After you’ve estimated the value of your business, settled on a reasonable price range, and put the sale process in motion, there are proactive steps you can take to make sure that the sale is as [...]
Dave McCarron’s Appreciation for Depreciation: How Will Changes to Depreciation in the Tax Cuts and Jobs Act Affect Your Business?
Dave McCarron is the founder and president of McCarron Accounting and Consulting CPAs in Winter Park, Florida. He has been serving the Florida community since 1990. Dave and I recently discussed [...]
Imagine buying your newly-licensed, 16-year old daughter her first car. When you go to the dealer and pick out that car, there’s a decent chance that you will simply pay the full price right then [...]