Baby boomers privately-own more than 12 million businesses in the U.S., with many of the owners approaching their mid-70s, according to California Association of Business Brokers.
It is estimated, over 211,000 electrical companies exist across the nation and over 92% of those have less than 10 employees.
Succession planning is important in any business, but it is sometimes overlooked in family-owned operations.
Smith Schafer Audit Manager, Adam Kellerhals, hosted a live webinar where he discussed the liquidity requirement in the new accounting standard as it relates to nonprofit organizations.
Smith Schafer Principal, John Edson, presented a free educational seminar titled Valuations for Gifts & Estates at the Rochester Golf & Country Club.
Does your transportation company’s retirement plan require an audit?