by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning, Valuations
It is a good idea to know the reasons for a valuation to be able to take advantage of situations when it may be beneficial. Some reasons for obtaining a valuation are a necessity, such as for determining the value of the business interest in an estate. Other reasons...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Financial Planning
If your Maine-based small business is essentially a one-person operation, there’s an option to help you save more money for retirement: The Solo 401(k) plan. Ordinarily, traditional defined contribution retirement plans allow annual contributions that are...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Tax Planning
It used to be that small business owners believed that all they had to do was serve their customers effectively and make sure that their stock maintained or increased its value. It’s now more usual, however, that business owners also must be concerned with their...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Tax Planning
Setting up and maintaining a SEP for your Maine-based business is probably easier than you think. The sooner you get started saving, the more secure your retirement will be, plus your business can gain tax advantages right away. SEP Basics The SEP is a stripped-down...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Tax Preparation, Valuations
Whether you’re setting up a new company in the Greater Portland area, or you’ve been in business for years, you need to evaluate which legal structure is best for your enterprise. No one option is best for every type of operation. The number of owners,...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings, Financial Planning
Wisniewski v. Walsh, 2013 N.J. Super. Unpub. LEXIS 724 (April 2, 2013) Children learn that bad behavior has consequences. An appellate court recently taught a similar lesson to a troublemaking shareholder whose doings forced a buyout. Three siblings each owned a...
