It is hard to open a business and turn it into a successful operation. Despite the best efforts of entrepreneurs, a vast number of new businesses in the United States fail each year. Instead of starting from scratch, you or another family member, such as an adult child, might search for a ready-made franchise. There are thousands of them in the marketplace, ranging from McDonald’s to Jiffy Lube to Fantastic Sams hair salons.
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Posted in Business Advisory
When business owners are selling their business, many believe that it will be the end of their working life. What these business owners do not consider is that this can be a time of excitement, new ventures and continuing personal growth. In order to seek out new ventures, business owners need to maximize the amount of money they’ll have when they leave the business.
Posted in Business Advisory
As in the past few years, most of the 2014 changes to the Form 990 and its many schedules are fairly minor. There is, however, one exception—Schedule A: the schedule required for all Section 501(c)(3) public charities, which has gone from four to eight pages and now includes eighteen pages of instructions.
Posted in Business Advisory
How to prosper in a changing environment
It was not long ago that there was no Internet and only international spies had cell phones. The changes occurring these days are happening at breakneck speed, and small businesses are hard-pressed to keep up. However, it is important to adapt to the latest developments and incorporate them into your business planning.What sort of changes are we talking about? Here are five prime areas worthy of your attention in 2015:
Posted in Business Advisory
