In this episode of Henssler Financial’s Small Business Minute, Chief Investment Officer Troy Harmon, CFA, CVA, highlights what a buyer needs to know when buying an easy-to-replicate business. You could benefit from an established client list, but you also might be subject to a previous owner’s reputation. This article is for demonstrative and academic purposes…
Whether you’re a current business owner or a budding entrepreneur burning with the next great idea, one of the most important steps you can take on your road to success is creating a business plan.
The arrival of an effective vaccine could inspire some consumers, though it probably won’t be widely available until spring. Until then, consumers will likely spend more time at home.
The short- and mid-term outlook for small businesses is still uncertain. We provide four steps to help you visualize what recovery might look like for your business as the economy inches toward normalcy.
Are you giving your employees a holiday gift? It may be taxable – we explain.
If you are a small business owner, every penny of your income counts. This means that you not only want to optimize your revenue, but also minimize your expenses and your tax liability. Unfortunately, far too many entrepreneurs are not well-versed on the tricks and tools available to them and end up paying far more…
2020 has given rise to more than the usual tax-planning opportunities. You’ll need to act before the end of the year to take advantage of the tax benefits and strategies available for 2020.
We provide details on the SBA’s audit process for PPP Loans of $2 million or more, as well as the Loan Necessity Questionnaires that will be issued.
We list 12 metrics that are extremely beneficial in helping you understand where your money is at any time.
Are you self-employed? You may be able to deduct 100% of the insurance premiums paid at the end of the year without itemizing deductions.
