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...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings, Deductions
After a recent U.S. Tax Court decision, current deductions aren’t allowed for most expenses incurred during the start-up phase of a new business. When compared with the federal treatment of start-up expenses, it can be confusing for small business owners....
by Royer Advisors | Dec 11, 2024 | Business Plans, Debt & Financing
Maine-based small business owners are all used to hearing different excuses when trying to collect money owed to their companies. For these delinquent customers, the real objective is often to delay, either until some time further down the road when they will have...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
It can be very intimidating for Maine-based small business owners to seek out a bank when they need a business loan. Bankers obviously want to minimize their risks, and usually small business owners need the loan because they are trying to do something which could be...
by Royer Advisors | Dec 11, 2024 | Business Plans
Many Maine-based small business owners are involved in the food service industry. The Food and Drug Administration (FDA) publishes a Food Code for restaurants to protect the public from diseases that are transmissible through food. Owners of food service...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Usually when a business is professionally valued, owners and managers immediately check out the bottom line to see what the company is worth. They may pay little attention to the reasons behind the final number, especially if the report was prepared for internal...