Our guest blog post this week comes from Mark Mitchel, Director of Valuation Services, Clothier & Head, PS. A business valuation is an analytical exercise to determine the value of a business (or its individual assets), giving consideration to all of the factors that influence the operating performance of the business. Key valuation concepts... View Article
In our discussions with business owners around exit planning and succession planning, one key area seems to consistently trip them up. That is “valuation.” We all generally understand that a company has some value, but how to determine that value can be tough to comprehend. A lot of the confusion comes from the emotional value... View Article
Our guest blog post this week comes from Dave Shapiro, CEO of Excell Puget Sound. Yesterday, I sat down with a business owner who is working way too hard (his experience) and who saw no way out. His own conclusion, after a number of questions from me, was that he needed about five more of... View Article
Our guest blog post this week is from Ryan P. Scott. Ryan is a Financial Representative of Principal National Life Insurance Company and Principal Life Insurance Company. Your business is not just your pride and joy but a major source of income for you, your family, and your employees. While the business is a large... View Article
When talking with business owners about exit planning, most of the big questions revolve around the buyer and the price. These are the most obvious components but, as they say, the devil is in the details and the details often come out in the deal documents. In this post, I’ll share a bit about the... View Article
My initial thought regarding the new Seattle Sick Leave ordinance was that an employer that had a “Paid Time Off” policy for all employees would not be impacted much by the new ordinance. As we dig deeper into the specifics of the ordinance, I am finding more complexities and administrative burdens that employers will have... View Article
As we review the provisions of the new Seattle Paid Sick Leave Ordinance, we thought we’d provide some examples to show some of the issues and complexities of the ordinance. Anchorage Accounting is an accounting firm with its principal office in Anchorage Alaska. It has 6 full time employees in Alaska, 2 full time employees... View Article
The Seattle Paid Sick Time and Paid Safe Time Ordinance goes into effect on September 1, 2012. The Ordinance will require that employers with more than 4 full time equivalent employees provide to employees who work in Seattle specified amounts of accrued, job-protected paid time off for personal illness, family care and other purposes. Every... View Article
Our Equinox Focus Event last week “Tax Update: What You Need to Know for 2012 (and 2011, too)!” was quite a success with raves from our participants. I wanted to share some of my key takeaways from the program. – Pre-Opening Costs. For folks starting or launching a business, certain pre-opening costs are tax deductible. In... View Article