by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
Maybe your Maine-based small business is ready to move to a bigger location, and you are interested in obtaining a commercial lease. A commercial real estate lease, like any other contract, can be negotiated. Do not use or accept a form lease submitted to you...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning, Valuations
When considering the value of your Maine-based small business, you may not have considered what standard is used in the determination. It can be a fairly important question that affects how the valuation turns out. Any qualified valuation report should state the...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Tax Planning, Tax Preparation
Thanks to legislation passed in 2013, the federal income tax rates for individuals remain historically low for single taxpayers with taxable income below $400,000.The rates for C corporations, however, remain at the same levels that have been in place for years. As a...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings
Years ago, many companies dealt with vendors, suppliers, customers and others that were located in the same geographic area. Today, the Internet has made the business world a much smaller place, and it’s not unusual to engage in transactions with entities in...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
Does your Maine-based small business sell products or services over the Internet? It is extremely important to understand the laws pertaining to the collection of sales taxes. Collecting sales tax is relatively straight forward if your business has a physical store....
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
If you want your Maine-based small business to grow and remain competitive, a solid financial plan and a well-conceived strategy can mean the difference between boom and bust. The most important starting point is a cash-flow analysis. Looking at your company’s...
