by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
2014 might not have had a very active hurricane season, but it did have its fair share of other natural and manmade disasters, including blizzards, wildfires, mudslides, and riots. These tragedies serve as sobering reminders to always expect the unexpected. When it...
by Royer Advisors | Dec 11, 2024 | Financial Planning
SEP Basics The SEP is a stripped-down retirement plan mainly intended for self-employed individuals and small corporate employers. If you’re self-employed, you can make an annual deductible contribution of up to 20 percent of your income to a SEP account. If...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
The term direct deposit does not apply to payroll only. This can be a time and money saving service to businesses in other ways too. What about the checks written for expense reimbursements or commissions? For a corporation, how about depositing the dividend checks of...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Valuations
According to the International Glossary of Business Valuation Terms, goodwill is defined as: “That intangible asset arising as a result of name, reputation, customer loyalty, location, products, and similar factors not separately identified.” The remainder...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Financial Planning
Does everyone in your Maine-based small business understand how to make money for your company? It’s easy for employees to view their jobs narrowly and forget that they may be able to contribute help out the bottom line. Ask everyone in your company to come up...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
Baby boomer business owners in the United States are looking to turn their years of sweat and toil into cash for retirement, but the faltering economy rapidly turned the seller’s market of a few years ago into a buyer’s market, negatively impacting value....
