So you want to buy a car? You are ready for a new ride so out with the old and you go searching for a new vehicle. You don’t want a brand new one that would cost $50,000. Buying used makes sense, since you want to retire one day...
Have you ever sat at a crossroad, looking left, looking right? Looking left and right and then doing it again. Sometimes, standing at a fork in the road gets you stuck. Which way gets you where you truly want to be? You aren’t entirely weird if standing at a...
Almost as many songs have been written about ‘time’ as have been written about ‘love.’ Why? Because time—either too much, or too little–can make all the difference in many things, including a love affair or a business deal. Take that business deal for example, a buyer is excited about...
Unreported cash can be a problem for a business, though these 318,462 reasons make it easy to understand why anyone would want to reduce their tax bill. But before hiding cash, under reporting revenue or beefing up expenses, there could be unexpected consequences every business owner should consider. Operating...
Main Street is not usually the first place that comes to mind when discussing entrepreneurship. Though many major companies are headquartered in urban hubs such as San Francisco, New York, Boston and Chicago, believe it or not, Inc Magazine says that 63 percent of small business owners say smaller...
To some, planning an exit strategy sounds negative. Actually, the best reason for an exit strategy is to prepare to optimize a good situation, rather than getting out of a bad one. A good exit strategy allows you to focus on things that make your business more appealing and...
A good business broker–like Peterson Acquisitions–can make the market whatever market you need! Here’s why. Business brokers and real estate personnel share common interests and knowledge about things like interest rates, investment growth, legislative changes and employment in the community, things that will affect you as a buyer or...
Write-offs reduce the amount of taxable income you have. For example, if you make $100,000 a year and have $10,000 in write-offs, you would be taxed on only $90,000 in income. In some cases, tax write-offs can lower your federal income tax bracket, reducing the percentage you pay on your taxable...
1. We immerse ourselves in your business to get to know it in order to market and sell it 2. Once we know your business, we prepare a Confidential Information Memorandum, (CIM) which details what you are marketing and how your business operates. The CIM also summarizes your industry...
CNBC took a poll. The results? Sixty-two percent of Americans have more faith in small businesses than they do corporations. This is great news for entrepreneurs ready to take charge of their finances and their futures. According to CNBC, May 4, 2015, even politicians agree… In modern American politics,...
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