by Greg Caruso | Jan 20, 2022 | Business Exit and Succession Planning
Most accountants and related professional practices fail to plan for their business or practice succession or business exit. This is a tremendous missed opportunity! Fortunately for them most accounting practices perform bookkeeping, audit and/or tax work which is...
by Greg Caruso | Jan 6, 2022 | Business Exit and Succession Planning, Business Valuation Basics, Increase Business Value
“Daddy, I know how we get money.” Said my 3 year old son in his very deep voice. “How?” I asked. “We go to the ATM” he said. Well my son was right. Prior to everything being cards and phones it was important to have cash and I would get my cash at an ATM at my...
by Greg Caruso | Jul 14, 2021 | Business Exit and Succession Planning, Business Valuation Basics, Increase Business Value
Employees are all over the news for demanding flexibility and better employment terms. For many businesses, employees are both the largest cost and the source of most of the intangible business value. Here is a primer on how employees and your business’s intangible...
by Greg Caruso | Aug 17, 2020 | Business Exit and Succession Planning
Business owners often feel it is not worth making changes once they have decided to exit. “After all, I’m just selling it.” But time and time again those owners who prepare for a sale sell their business faster and obtain a higher price. While each business is...