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Buyer Beware of Successor Liability
I spoke with a young woman recently who had sent an email asking me to call her because she was trying to help her uncle. A few months earlier he apparently purchased a donut shop from a “friend”. Her...
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What is a Financial Recast and Why is it Important?
When valuing a business, it is important to identify and understand the economic value of the business. The economic value of a small business will typically be substantially different from the book...
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Yes You CAN Sell a C-Corp
I was speaking with a business owner recently about selling his business. During the conversation, he told me his accountant told him he could not sell his business because it was a C-Corp. I have a...
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