When you are reading this article, on or about March 9th, it will be approximately 51 weeks since most of the country shut down in an effort to control the spread of COVID-19. At that time, the majority of the population and financial markets were gripped in fear, due to the unknown impacts of the …
What a Difference a Year and Several Trillions of Stimulus Dollars Make! Read More »
Rob Amerine covers what he terms a business “shakeup” in the times of COVID and making sure your business processes are in order before a sale.
Downtown Colorado Springs is positioned for a successful future. View the report.
By Kelly Reiman Earnouts have been used over the years to bridge the gap between the seller’s perceived value of its business and the buyer’s willingness to pay for anticipated future results. Counsel to the parties and their business brokers can be instrumental in setting realistic expectations for them and crafting the provisions to ensure …
By Janna Hoiberg Being an entrepreneur is a challenging occupation. It is filled with opportunities beyond your wildest dreams. Those dreams can also become the nightmare you never wanted. Working with business owners, I find most of the challenge is in the day-to-day operations of the business. That day in/day out, cash flow, hiring, firing, …
Illusion vs. Reality: What Really Creates Value for Your Business? Read More »
By Graeme Cloutte, CPA The tax implications of buying and selling a business need to be addressed before coming to the closing table to finalize the carefully structured deal that First Business Brokers has put together. One of these key implications is how the transaction is structured for purposes of “asset allocation.” In what follows, …
Asset Allocation for Business Purchases – A Quick Primer for Buyers and Sellers Read More »
Written by Stephen J. Furrer, CPA, CEPA, ABV It seems like we’re at a fork in the road: there are some positive signs that the economy is entering the earliest stages of a long term expansion, but at the same time, if we dare read the headlines, it seems we’re destined to repeat 2008. It’s precisely because …
I was recently talking to a consultant that we have worked with for many years. During the course of our conversation, I mentioned that we were working on completing a valuation assignment for a business where the son was considering buying the business from his parents. Depending on the valuation results and other family dynamics, …
Provided by: Brian Flynn, President Flynn Accounting Resources, Inc. Accident Reports / Claims (settled cases) 7 Years Accounts Payable Ledgers & Schedules 7 Years Accounts Receivable Ledgers & Schedules 7 Years Audit Reports Permanent Bank Reconciliations 2 Years Bank Statements 3 Years Capital Stock & Bond Records Ledgers, Transfer Registers, Stubs showing issues, Record of …
Business Record Retention – How Long Should You Keep Records? Read More »
Denver
720•441•1425
Boulder
720• 466•8224
Colorado Springs
719•635•9000
Fort Collins
970•305•3643
