by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
As a small business owner, you are always going to have customers who don’t pay their bills on time. Due to unique relationships with customers as well as the varied responses they have to collection efforts, trying to collect the money owed to your business can...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Just as film critics predict that a movie they see today will be a contender in next year’s Oscar race, we venture to say that the Tax Court’s recent Estate of Richmond opinion will be one of the most important valuation decisions of 2014. It deals with a number...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
It isn’t necessarily true that to increase profits a small business needs to increase sales. Extra cash could already be available. A thorough profit audit can uncover those dollars in every department of your Maine-based small business. Here are five ways to start...
by Royer Advisors | Dec 11, 2024 | Business Plans
A corporate business owner with partners is knowledgeable about what it takes to keep the company running smoothly, but is often unaware of the statutory requirements for a board of directors. Someone with the title of president or chief operating officer may...
by Royer Advisors | Dec 11, 2024 | Business Plans, Tax Planning
Fall is just beginning, but it’s not too early to think about year-end tax planning. As the end of the year approaches, it’s time to identify moves small business owners can make before December 31st. The first thing to do is to make a projection of this...
