Business Owner

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Legal Update on Corporate Transparency Act

In January and March of this year, we provided info on the Corporate Transparency Act (CTA), which requires corporations to disclose ownership information. The reporting deadline was to be Dec. 31, 2024. However, this week the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of the […]

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America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs

K&A has both experience in selling residential construction companies and relationships with buyers interested in acquiring them. When the time is right to sell your company, the M&A specialists at K&A are here to help find the best suitor for you. From the Wall Street Journal America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs Private […]

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Steps to Selling Your Business

K&A has published a short presentation entitled “Steps to Selling Your Business…or…’How to Spend More Time on the Golf Course and Less Time Worrying About Your Financial Future’”, a lighthearted primer on a serious subject.  We use a golf theme to address common perceptions and misconceptions about the sale of a business with the hopes […]

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Entrepreneur Grief

Friend of the firm, Shane Bender, Founder of Bender CFO Services, writes about the emotions many business owners face when battling challenging circumstances. A Fractional CFO Talks about Entrepreneur Grief As a business owner, have you lost a major client or an employee or experienced a drought due to not getting many new customers?  Maybe […]

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The Economy: Bear, Bull or Deer?

If your career is in finance, banking or in manufacturing and distribution entities in Texas you most likely know that people want to do business here.  Of our two most recent transactions, the companies were sold to investors who had migrated to Texas. Today’s economic environment in states other than Texas is a rollercoaster few […]

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Matchmaking Business Specialists

MATCHMAKING BUSINESS SPECIALISTS At some point owners of closely held businesses, regardless of size, begin to think seriously about selling their ownership.  Reasons can be quite varied – estate planning, poor health, changing competitive environment, desire to “cash out” and do something else, etc., etc. When “Someday I’m going to sell this place” becomes “I […]

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Diss Inheritance: What if Your Kids Don’t Want the Family Business?

From business.com Diss Inheritance: What if Your Kids Don’t Want the Family Business? In the coming decades, some $53 trillion in assets are expected to be passed down from baby boomers to their heirs, including family businesses — think restaurants, retail, and local services — that younger generations may not necessarily be interested in taking […]

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Earnouts 101

Buyers love earnouts, but sellers don’t. Here’s a primer on one of the most difficult to negotiate aspects of an acquisition. By Evan Tarver From Investopedia.com: Earnout: Definition, How It Works, Example, Pros and Cons What Is an Earnout? An earnout is a contractual provision stating that the seller of a business is to obtain […]

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K&A Message to Texas Business Owners

Fellow Texas Business Owner, This letter is our personal way to shake your hand and establish a relationship.  For 40 years we at Kasper & Associates have been welcoming new clients and making new friends, and we look forward with pleasure to counting you among them as we will serve you with our best efforts.  […]

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Corporate Transparency Act

In January, we posted an article of the Corporate Transparency Act (CTA), which had just gone into effect. Since then, more has been learned and we now know that this legislation affects most every closely-held business that qualifies as a “Reporting Entity”. We also know that those who ignore the requirements could face fines or […]