From SuccessfulBusinessNews.com. We’d certainly be interested to hear feedback from our accounting friends. **************************** Five Things Your Accountant Won’t Tell You “Not Everyone Knows What They Are Doing”. Please be careful when choosing a CPA. Some studies show that as many as HALF of all tax preparers aren’t certified public accountants. Some are nothing at […]
From Texas Business Today, a publication of the Texas Workforce Commission, this article points out the basic points to remember in Non-Compete Agreements. While written for employers, the main ideas are the same for a Non-Compete entered into by a business seller. ************************ It is fairly common to hear employers on our Employer Hotline tell […]
Friend of the firm Joan Ridley gives a brief overview of private equity groups, one of the three classifications of buyers K&A approaches on behalf of our seller clients. She does a good job of describing typical criteria, however, K&A has relationships with many groups with expanded scope that will look at companies that don’t […]
Tom Deans, Ph.D., author of Every Family’s Business, does a great job explaining the emotional connection many business owners have with their companies. Buyers should understand this connection when negotiating a purchase. Key quote: “Deals get done based on trust and respect earned by intermediaries paying homage to the things in a business that transcend […]
More and more aspects of the health reform law are being learned each day, as well as the effects it will have on businesses. Curious quote: “It’s still unclear how the IRS will enforce the rules.” **************************** Trying to duck health care’s employer rules? Don’t bother By Jose Pagliery @CNNMoney July 13, 2012: 5:10 AM ET […]
As we celebrate Independence Day, K&A also celebrates the entrepreneurial spirit that makes our country exceptional. FREE ENTERPRISE CREED (Author Unknown) I’m proud of my country and I believe in the free enterprise system which made her great. I’m grateful for my sacred heritage. I pledge that I’ll do all in my power to protect it. To […]
State Representative Phil King provides analysis of what the Affordable Care Act will mean to Texas business owners. ************************* What Obamacare Decision Means for Texas Businesses Austin – In reaction to today’s Supreme Court decision, State Representative Phil King (R-Weatherford) has released the following remarks and information: King remarked: “While legal and healthcare scholars are […]
“A perfect summer day is when the sun is shining, the breeze is blowing, the birds are singing, and the lawn mower is broken.” — James Dent The beginning of summer always has an impact on the deal-making process. With so many moving parts in a transaction – buyer, seller, banker, attorneys, CPA’s, etc. – […]
The Fort Worth Business Assistance Center, Capital One Bank, and The Alternative Board are proud to announce the second annual Fort Worth Business Plan Competition. The competition, an opportunity for small businesses operating in Tarrant County to receive training and coaching on strengthening their business, allows participants the chance to compete for awards, cash prizes, […]
From our friend, Marvin Blum, of The Blum Firm, PC: ********************* 2012 IS THE “PERFECT STORM” FOR ESTATE PLANNING The gift tax exemption is at a historical high of $5,120,000 at the same time that the gift tax rate of 35% is the lowest rate in almost a century! The gift tax exemption is […]