Many business owners agonize over developing a sound business plan when they first start their business, then in the following years fail to update it or assess whether they are on the right path or not. Instead, these individuals assume … Read More
Business partnerships are formed for many reasons, and many people find decades of success with the right partner. Sooner or later, nearly all partnerships come to an end. In many cases, a major life event, such as retirement, a change … Read More
Many business owners know their long-term goals and growth plans and recognize why these elements are crucial to success. However, far fewer know how a valuation can help them achieve those goals. A business valuation is used to estimate the … Read More
Going through a divorce can be one of the most challenging times in a person’s life. Divorce accounting is often complicated and expensive, even if the divorce is not combative. A collaborative divorce is one in which the couple negotiates … Read More
Marriages are a time of celebration and happiness. Sadly, between 40% and 50% of American marriages end in divorce or separation. This rate has held steady for decades. However, the current COVID-19 pandemic has presented a series of new, daunting … Read More
A business can have a big impact on a divorce if it’s included in a settlement. Furthermore, if your spouse is seeking spousal support, that support will likely come from your business. Equitable Distribution rules are used in most states, … Read More
A divorce can be an incredibly trying time in one’s life. Stress is often at a peak. In addition to having your life turned upside down, both you and your soon-to-be-ex need to come to an arrangement about a financial … Read More
As the coronavirus pandemic (COVID-19) continues to spread across the globe, markets are marked by uncertainty and extreme volatility. For many business owners and shareholders, this uncertainty is causing high levels of concern related to business valuations – especially in … Read More
Dividing assets and property fairly is one of the most contentious processes in many divorces. Beyond the standard question of who gets what, it’s essential to recognize that the division of these assets can often have tax implications, which is … Read More
Assets purchased for business purposes are reflected on a balance sheet, and how these assets are depreciated can have a significant impact on your overall business valuation. For this reason, its crucial to understand how assets valuate and depreciate and … Read More