The only certainty in business as we head into April 2018 is uncertainty of selling a business. This sums things up from my perspective as we navigate several critical events that are now evolving, and which may take a few months to play out and become clearer. For example, the US is now navigating a trade […]
As a business owner, you may see articles about S-corporation. These are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal taxation purposes. The shareholders of an S corporation will report the flow-through of income and losses on their personal tax returns; taxes are imposed at their individual […]
A Georgia federal court recently ruled that a person who didn’t sign a franchise agreement would still be held to that contract. Pursuant to the terms of the franchise agreement, Swati Enterprises wasn’t permitted to sell or transfer the franchise agreement without Global’s written knowledge and consent. Nevertheless, just two months after the franchise agreement […]
The Department of Labor has withdrawn Administrator’s Interpretation 2016-1, which is its previous informal guidance on joint employment under the Fair Labor Standards Act (“FLSA”) and brings Changes to Joint Employer Liability. In addition, the National Labor Relations Board has retreated from the broad joint employer standard set in the 2015 Browning-Ferris Industries of California, Inc. […]
The Radiologists Job Market is riding high with fantastic opportunities and employment outlook. The most recent research is also good news, predicting that this year will be even better for radiologists looking for work. That means it’s terrific news for radiologists seeking employment, but the picture isn’t as positive for those who need to hire. […]
This is a question I asked all the time and I think it is one of the most important questions a business owner must navigate. How to decide if it’s the right time to sell a business. Here are my observations from talking to business owners who ask that question. Its better to sell your […]
The SBA has issued Standard Operating Procedure 50 10 5(J), which became effective January 1st. This rule stipulates that franchisors who want to assist their franchisees qualify for loans backed by the SBA must be listed on the SBA’s new “Franchise Directory.” The change means that lenders and CDCs will no longer need to review […]
There’s nothing like a tax error to derail your day… or maybe even your year. But here’s how to eliminate tax errors from your business. However, with eFiling, you may be able to reduce your company’s tax errors by 19%. Businesses that use paper tax forms experience a 20% error rate on average, but when […]
Dermatologists who are considering the sale of their medical practices should know the latest information about their specialty area and practice consolidation trends. The majority of dermatologist practices (35%) are operated as solo practices or single-specialty group practices (41%). However, 15% of recent practice acquisitions by private equity firms (PEFs) have been dermatology practices, even […]
As the January ends, Capital One’s Small Business Growth Index has discovered that America’s small business owners have some concerns about their prospects for the year, especially when it comes to taxes and cash flow. The good news is that overall, small business owners have positive feelings about their finances, with 47% saying that their […]
Is it time to value and sell your business? Selling and buying a business requires only one set of circumstances. There must be a motivated seller AND there must be a motivated buyer. Period. If you have a motivated seller but an interested buyer the sale of the business will not happen. If you have a […]
The registered trademark symbol (®) is a symbol that gives the public notice that the preceding word or symbol is a trademark or service mark that’s been registered with the U.S. Patent and Trademark Office. Today we explain just what you need to know about trademarks as a franchisor. A trademark is a symbol, word, […]
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