by Greg Caruso | May 19, 2023 | Uncategorized
The saying “two heads are better than one” suggests that working collaboratively with others can lead to better outcomes and more effective problem-solving than working alone. In a business context, there are several reasons why two heads (or more) can be...
by Greg Caruso | Apr 28, 2023 | Uncategorized
Recently, the Department of Labor (DOL) committed to a regulatory process to develop new guidelines for ESOP valuations https://www.nceo.org/employee-ownership-blog/dol-commits-regulatory-process-esop-valuation-guidelines. This development has important...
by Greg Caruso | Apr 17, 2023 | Business Valuation Basics, ESOP Business Valuation, Increase Business Value
You may know that the quality of your employees can greatly impact the value of your business, but are you aware how your customers are affecting your profitability? It is important for businesses to identify customers who may be challenging to work with or who may...
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...
