by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
There is a growing need for valuation services among small businesses. There is a variety of reasons why business owners need to know the value of businesses, business interests and intangible assets, including sales transactions, financing, taxation, financial...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
Maine-based small businesses want brilliance and innovation from their employees while they are on the payroll, but they also want their employees to keep those qualities to themselves if they leave the company. Non-compete agreements attempt to that to control any...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
A Maine-based small business owner might assume that they will save money by doing all accounting and bookkeeping work themselves. Oftentimes, however, these business people realize that isn’t necessarily the case. These tasks are often complicated, and can take up...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings
What happens if you’re the owner of a limited liability company (LLC) that generates tax losses, and you don’t spend a lot of time in the activities of the business? The losses might be classified as passive, and your ability to currently deduct them might be severely...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
As a small business owner, you may have had the experience of buying a new, state of the art machine, only to find out that you paid more for features you really didn’t need. Or maybe you’ve invested in an inexpensive piece of business equipment that didn’t work...
by Royer Advisors | Dec 11, 2024 | Business Plans
Studies show that staff members and managers can be greatly resistant to change, whether it be a major restructuring or a simple change in the color of the office. It may feel like an over-reaction, but to some employees change can suggest an invasion of turf. They...