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...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
Many Mainers are considering going into business for themselves. One of the things that must be decided is whether or not a franchise would be the right choice for these new business owners. Basically, a franchise gives the business owner the licensed right to use a...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
It can be a complex process to create an effective retirement program that meets the needs of both you, as a small business owner, and your employees. There are business strategies involved, like how to motivate employees to stay at the business, but there are also...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Valuations
When a business is being valued, sometimes working capital can be overlooked. It is important to remember, however, as it can have a material effect on value. Working capital is defined as the difference between a business’ current assets and current liabilities. If...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
For Maine-based small business owners, there are benefits of using direct deposit to pay employees. Some employees, however, may not fully trust banks, or want to have paper checks in their hands on payday. Some ways to increase participation, and therefore maximize...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
Even in good economic times, Maine-based small business owners can find it difficult to grown their profits. There’s a lot to be gained by learning how to become more profitable without growing the company bigger. Consider a Profit Audit Most small businesses have...
