Succession is inevitable in a business. When the time comes to start thinking about retiring and/or transferring ownership, it is essential to understand common issues related to the process.
5 Common Succession Planning Problems
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Industry
Understanding Sales Tax for Construction Industry Businesses
Success in the construction industry requires the ability to cost effectively create a building envelope, structure or support system and virtually every financial decision regarding your construction company, has a tax consequence.
Business Valuation Approaches As Easy As 1-2-3
The three approaches appraisers use to value a business are essentially a matter of common sense. You start with the balance sheet and adjust the book values of assets and liabilities to their market values.
Minnesota Mechanical Contractors Association Presentation
A presentation about accounting/bookkeeping basics, cash flow analysis, and tax compliance for new businesses.
Sales Tax Implications for the Transportation Industry
The transport of people and products often has varying considerations when it comes to state sales tax implications. Sales tax is assessed on some items, but not others.
4 Takeaways from the ACG Construction Industry Survey
A total of 177 Midwest construction companies, including general contractors, subcontractors, suppliers, and service providers, participated in the survey.