EnglishThis is the second part of our “Accounting for Small Business Owners” series. In the first module we covered the two types of accounting methods – cash and accrual. Next we are going to present the basics of financial statements and then focus on the balance sheet. Much like it’s hard to explain to a [...]
Smith Floyd Mergers & Acquisitions
Business is always personal
Is now the right time to sell?
Now is not the right time to go to the store for groceries, nor is it the right time to buy a new car, nor is it the right time to go back to school to finish your degree. Time stops for no one and this rule is no exception to the sale of your [...]
Is Now the Right Time to Sell Your Business?
The short answer: No! “Now” is not the right time to do anything. Use this “now” as an example, if it was “later” you would not be reading this because you would be working on things that really matter to you and your future. “Now” is a time for planning and thinking, “later” is where [...]
Three Biggest Lies in the Business Sales World
There is no doubt about it, that the world of business sales is a shark-infested ocean. From mom/pop stores that sell for $80k to middle-market deals of $10 million+ . . . to buying shares of publicly traded companies. The sharks take on many different forms. The most dangerous ones are those that approach with [...]
Why you should STOP thinking about franchising your business . . . NOW!
“Matt, I have this really great idea for a business franchise. Can you help me?” If I had a nickel for every time I have heard this question, I would have a decent amount of nickels. My answer is routinely as follows, “So you want to franchise your business? You have an idea that you [...]
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