In recent years, governments have used tariffs as a form of protectionism. In 2018, the United States government began imposing tariffs on steel, aluminum and lumber from a number of countries.
There are several applications in which the valuation of your business can deliver insight for guiding critical strategic decisions. For example, below are some common scenarios in which a valuation of your professional service firm may be helpful:
The Employee Retention Credit (ERC), introduced with the CARES Act, is a way for professional service firms to recoup wages paid to employees. Does your firm qualify?
Budgets are an important tool a manufacturing company can use to help increase revenues, improve efficiencies of operations, improve services, and may even help to boost employee morale.
For a majority of owners, their business is their most valuable asset. Financial security for owners in the long run heavily depends on maximizing value and, at some point, converting that asset to cash.
The Employee Retention Tax Credit (ERC) is one of the best opportunities for construction industry companies impacted by the COVID-19 pandemic to recoup wages paid to employees.