by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Valuations
The ultimate indicator of how well a small business is performing is how much the company is worth. Any benchmarking system should include fair market value as one of its primary metrics. With public companies, it’s easy to monitor this metric by tracking share...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
If your Maine-based small business is considering acquiring another company, you probably realize the importance of hiring an expert in due diligence and valuation. Unless you’re well-versed in performing a comprehensive financial analysis of a business, it...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
Credit sales are a fact of business life. An important skill that Maine-based small business owners develop is maintaining the balance between the total cost of bad debts and profit gains. As a small business owner, you need to constantly monitor your total...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Financial Planning
Does everyone in your Maine-based small business understand how to make money for your company? It’s easy for employees to view their jobs narrowly and forget that they may be able to contribute help out the bottom line. Ask everyone in your company to come up...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Tax Planning, Tax Preparation
As a Maine-based small business owner, it’s important to plan all year long to make the most of the tax law. Here are just five of the tax-smart decisions to make during the year that could, if handled properly, significantly reduce tax liability: Should vehicles,...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
Baby boomer business owners in the United States are looking to turn their years of sweat and toil into cash for retirement, but the faltering economy rapidly turned the seller’s market of a few years ago into a buyer’s market, negatively impacting value....
