Blog
Divorce And The Family Business
You won’t own your business forever. Many small business owners neglect to acknowledge that simple fact. Perhaps your exit will be planned to perfection and you’ll either sell to a third-party...
Employee Fraud Is More Common Than You Think
Is someone at your business “cooking the books” behind your back? Don’t bet against it. According to the Association of Certified Fraud Examiners (ACFE), small businesses (with fewer than...
Don’t Be Fooled: How You Can Detect Business Fraud
I’ve spent decades investigating business fraud as a forensic accountant and expert witness, often at the state and federal levels. The lessons I’ve learned about human behavior and motivation...
Exit Strategies: A Lesson From The Trenches
When Randy Smith started his own business at 28 years old, he truly set out on his own: with no partners and no investors. What he envisioned with his point-of-sale technology company, he...
How Much Is Your Business Really Worth?
While it may seem like it now, you won’t be running your business for all eternity. At some point, you’ll likely retire from or sell your company. To that end, you’ll need an exit strategy....
The Social Security Tax Trap
Taxes are behind one of the oldest business-owner curses: The more you pay yourself, the more it could cost you in the long run. A huge culprit in this scenario is the Social Security tax. Most...
Your Family Business Structure Matters
Deciding how to structure your family business often comes down to what will save you the most in current taxes. With a business owned by multiple family members, however, there are other...
Family Succession Planning: Four Careful Considerations
I asked San Antonio business consultant John Dini, one of the nation’s leading experts on business ownership and exit planning, for his advice on handing down the family business. As the author...
Selling Your Business? Resist The Lure Of Low Capital Gains Taxes
Taxes can cut deep into your profit when you sell a business. But sometimes “paying more” can help you save. Whether you’re looking to pass your business down to heirs or sell it outside the...