by Royer Advisors | Dec 11, 2024 | Business Plans
Many small business owners dread traditional performance reviews. They can be enormously time-consuming, and usually require a lot of paperwork. Due to a variety of performance criterial and various numeric ranking systems, managers can spend hours and hours per year...
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 | Business Plans, Exemptions, Tax Planning
When the owners of a C corporation sell their business’ stock for a large profit, usually they are taxed at a maximum federal rate of 20 percent, as long as they’ve had the shares for more than a year. Relatively speaking, this tax rate isn’t too bad. However, a...
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...
