by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
When a business is sold, it may sell for more (or less) than the appraised value. Sometimes this doesn’t make sense to laypeople, but valuators understand that there are many valid reasons why price and value could be different. Small business owners that understand...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
In order for lenders to award credit, they need to see detailed budgets, including cash flow forecasts. These have to include realistic projections, not guesses at profit and revenues. Cash flow projections are especially important as they show how small businesses...
by Royer Advisors | Dec 11, 2024 | Business Plans
As a Maine-based small business owner, you know that even the most successful companies can get caught in a rut now and then: a vicious cycle of status-quo marketing and current-customer dependence. If this sounds familiar, it might be time to take action to help...
by Royer Advisors | Dec 11, 2024 | Business Plans
When it comes to businesses, there is a great deal of confusion over the legal meaning and significance of fictitious and corporate names. A company is a lot more likely to face a legal trademark challenge now simply because more businesses are operating nationally...
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...
