by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning
Paying employees involves more than just issuing checks. Sometimes small business owners don’t realize how many specific records must be kept. For each employee there has to be records including details such as name, address, and Social Security number, but also...
by Royer Advisors | Dec 11, 2024 | Business Plans
Failure to secure ownership of intellectual property is one of the most costly mistakes for any small business owner. It is also one of the most easily preventable. This is what company owners and executives should know: Under federal copyright law, the ownership of...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Usually a professional appraiser will seek input from the current owners when he or she is valuing a business. They want to get the inside scoop on how the business works, and it is an important part of the appraisal process. Valuators need not only knowledge related...
by Royer Advisors | Dec 11, 2024 | Business Plans, Deductions
After another brutal Maine winter, summer is finally here. Even though many small business owners may try to take some time off to enjoy the sun, it’s still important to remain diligent about business and personal tax planning. Here are some summer tax-planning...
by Royer Advisors | Dec 11, 2024 | Business Plans, Deductions, Financial Planning
A simplified employee pension (SEP) is a good way to start securing a small business owner’s retirement, and the business can gain tax advantages right away. An added advantage is that setting it up and maintaining it is not very difficult. SEP Basics The SEP is...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Valuations
It seems obvious that the best time to find out about possible culture differences between two companies considering a merger is before the deal is complete. One of the most common reasons for mergers or acquisitions to fail is concern about cultural integration. It...
