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Browsing posts in Business Owner
Corporate Transparency Act: What You Need to Know
From the U.S. Chamber of Commerce Corporate Transparency Act: What You Need to Know By Miranda Fraraccio The Corporate Transparency Act, which goes into effect in January 2024, may require your small business to report information about ownership to the government. The Corporate Transparency Act (CTA) is going into effect on January 1, 2024, impacting […]
Humility Is an Undersung Leadership Skill
Key quote: “The more times you hear “I” and “me,” the less likely it is that the candidate is a true team player.” From Inc.com Humility Is an Undersung Leadership Skill. Adam Grant Says These 2 Interview Questions Screen for It By Jessica Stillman How to figure out if someone is truly a humble team […]
Skin in the Game: Saddleback Leather’s Mission Far Bigger Than Bags
By John Henry in FW Inc. Skin in the Game: Saddleback Leather’s Mission Far Bigger Than Bags Having fulfilled his academic requirements and been deemed biblically competent and spiritually formed, Dave Munson left Multnomah University in Portland, Oregon, with a theology degree in hand and plenty of ambition to do what he had been commanded. […]
How to be Confident Amid Change
Friend of the firm, Derek Moffatt, Principal with Moffatt Financial Strategies, understands the importance of business owners delegating responsibilities. This article offers guidance on how to make those transfers successful. How to be Confident Amid Change By Derek Moffatt, CFP®, CExP™ One of the biggest changes your business will inevitably experience is a transfer of […]
Small-Business Trends: 6 Predictions for 2023
From NerdWallet.com: Small-Business Trends: 6 Predictions for 2023 By Randa Kriss Since the onset of the COVID-19 pandemic, small-business owners have faced ever-changing regulations, cash flow shortages and general economic uncertainty. And 2022 brought its own challenges: inflation, rising interest rates and staffing shortages, among others. Entrepreneurs, however, remain resilient and optimistic about the year […]
7 Smart Year-End Tax Planning Moves For Small Business Owners
From Forbes.com 7 Smart Year-End Tax Planning Moves For Small Business Owners David Rae Year end tax planning is an amazing way to increase your small business net profits without having to work harder. While some of you may still need to file your 2021 taxes, the 2023 tax season (filing your 2022 taxes) is […]
Personal Vision + A Bucket List = Increased Company Value!
Friends of the firm Ed & Valerie Riefenstahl at The Alternative Board (TAB) Fort Worth shared the following article describing how cultivating work/life balance can increase the value of your business. After Ben Allen founded Allen Technology Advising (ATA), he struggled to find work-life balance. “After starting ATA it was really painful for me as […]
Matters of Importance to Business Owners
During nearly four decades of providing merger and acquisition advisory activity, two questions are frequently asked by owners of companies. First, what is the current market-based valuation of my company? Second, should I decide to sell, how long will the process take? The answers are the following: (1) Valuations should be determined by professional advisors […]
Tarrant County plans to use $25 million in federal funds to bolster small businesses
Written by Rachel Behrndt in Fort Worth Report: Tarrant County plans to use $25 million in federal funds to bolster small businesses Rachel Behrndt The pandemic hit Florence “Flo” Salazar Bruner and her 24-year-old business, Firehouse Auto Sales, harder than most. After suffering life-threatening injuries from a car accident, Salazar Bruner awoke to a new […]
How To Sell Your Business Using A Thoughtfully Planned Exit Strategy
Key quote: “Having an experienced professional in your corner will ease the stress and help you feel more confident with the process.” From Forbes.com How To Sell Your Business Using A Thoughtfully Planned Exit Strategy Written by Melissa Houston Are you a business owner who wonders what you will do with your business when you […]
