by Greg Caruso | Mar 21, 2023 | ESOP Business Valuation
As a trustee of an ESOP company, it is important to understand the primary drivers of value. We call them People, Processes, Profits. While simple, if you always keep these factors in mind, it will help you make informed decisions on correctly pricing annual shares....
by Greg Caruso | Feb 1, 2023 | ESOP Business Valuation
The Art of Business Valuation is pleased to be sponsoring the NCEO 2023 Annual Conference. NCEO is a leading ESOP Association that promotes, educates, and protects ESOP Companies and their employee-owners. Join me and 2,000 employee-owners who are passionate...
by Greg Caruso | Dec 2, 2022 | ESOP Business Valuation
One of the most important roles the Employee Stock Ownership Plan (ESOP) Trustee has is to determine the stock price for the ESOP plan at the time of the initial transaction and then again each year. This is a fiduciary decision that must be made with care and...
by Greg Caruso | Sep 29, 2022 | ESOP Business Valuation, SBA Business Valuation and Appraisal, Uncategorized
In 2018 the Main Street Employee Ownership Act (MSEOA) was passed. It was thought the MSEOA would allow companies to get an SBA 7(a) loan for an ESOP transition. Unfortunately, the SBA requirements to secure the 7(a) loan for an ESOP transition made it unlikely that...
by Greg Caruso | Aug 18, 2022 | ESOP Business Valuation
Employee Stock Ownership Plans, better known as ESOPs, are required to have a compliant opinion of business value each year to assist the ESOP trustee in determining the share value for distributions and purchases of beneficiary stock. The trustee has the fiduciary...
by Greg Caruso | Aug 7, 2022 | Business Exit and Succession Planning
Located in Bethesda / Rockville, MarylandOver $2M of revenuesFully staffed9 total employees Contact Greg Caruso 609-664-7955 if accounting is what you know, and you are ready to own your own firm. It’s a great opportunity!
by Greg Caruso | May 2, 2022 | Business Exit and Succession Planning, Increase Business Value
A presentation for Jim Hitchner’s Valuation Products and Services Wednesday, May 18th, 2022 1:00 – 3:00 PM EDT Jeff got up from his hospital bed after missing most of tax season and felt better. So good that three days later he canceled the closing on his...
by Greg Caruso | Apr 12, 2022 | Business Exit and Succession Planning, SBA Business Valuation and Appraisal
The United States Small Business Administration—or SBA—loans are primarily for new businesses to get off the ground. The amounts you can receive vary by loan program but some range up to $5 million! Funds also may be more accessible to some borrowers who struggle to...
by Greg Caruso | Apr 10, 2022 | Business Exit and Succession Planning, 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 | Mar 29, 2022 | Uncategorized
For more information on any of these events or presentations with CPA Academy, please feel free to contact me! Business Valuation – Market Method 2: Selecting A Cash flow and Balance Sheet Adjustments When: Thursday, March 31st, 2022 11:00 AM EDT Presentation...
