by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Valuations
When a business is being valued, sometimes working capital can be overlooked. It is important to remember, however, as it can have a material effect on value. Working capital is defined as the difference between a business’ current assets and current liabilities. If...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
For Maine-based small business owners, there are benefits of using direct deposit to pay employees. Some employees, however, may not fully trust banks, or want to have paper checks in their hands on payday. Some ways to increase participation, and therefore maximize...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Valuations
When a small business is having their company appraised, there are many different pieces that factor into the final figure. The discount for lack of marketability is a valuation adjustment that requires a particularly detailed process, and is often contested. An...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Deductions
Many Maine-based small business owners start out with an office in their homes. An important benefit to this is being able to deduct the expense of the office on the tax return. It’s key for home-based business owners to know that in order to receive the deduction,...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
The term direct deposit does not apply to payroll only. This can be a time and money saving service to businesses in other ways too. What about the checks written for expense reimbursements or commissions? For a corporation, how about depositing the dividend checks of...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, IRS Regulation, Tax Planning
Some Maine-based small business may be going through some hard times. Borrowing from payroll taxes that have been withheld from employee paychecks might seem like an easy way to get cash temporarily. Business owners might think they’ll just borrow enough to pay...
