Business Succession Post-COVID-19
There comes a time when a business owner must decide the future of their business. Choices include selling the business, transitioning to a successor, filing for bankruptcy, or closing.
There comes a time when a business owner must decide the future of their business. Choices include selling the business, transitioning to a successor, filing for bankruptcy, or closing.
Selling or acquiring a business is a new experience for most business owners. One key to a successful sale or purchase is using a CPA well-versed in current tax regulations and laws.
To determine whether a private investor is right for your company, you need to understand your motivation. Is it a growth strategy or an exit strategy?
The Tax Cuts and Jobs Act (TCJA), passed in late 2017, changed many facets of tax planning, including mergers and acquisitions (M&A). TCJA created a variety of opportunities for mergers and acquisitions and any business considering a future M&A should be aware of the changes.