by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
As a Maine-based small business owner, you’ve probably spent a lot of time and money developing unique ideas, products, and services. But the more people who are in on your plans, the more you risk losing your secrets. To help protect your vital assets, it’s...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning, Tax Planning
Small business owners want their companies to grow. An efficient way to do this may be to acquire and merge with another company. But it’s not a sure thing, and usually when it doesn’t pay off, it’s because of management issues, and not market conditions. Read these...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Debt & Financing, Financial Planning
Small business owners often prepare a projected cash flow statement. These set a prediction of the company’s available funds over a specified period of time. The primary goal is to determine whether the business will have enough cash to pay the bills. These...
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
With so much technology available to us today, more and more people are able to set up home-based businesses. Many times, owners of these businesses don’t realize how vulnerable they are to significant money losses if something such as fire, theft or natural disaster...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings
Escheatment could be costing your corporation substantial interest, fines or penalties. The word means turning over to your state any abandoned, lost or unclaimed property, both tangible and intangible. This property is often transferred to the government because a...