It’s understandable that in order to minimize paying taxes, many business owners and their accountants will avoid showing profits. Some will bury personal expenses in the financials, move company expenses into the following year or claim many questionable deductions. But here’s the problem: when it’s time to sell the company, business valuation is heavily weighted on continuous profits. Companies must show strong profits in the years before selling to get top dollar.
Tips for Maximizing Value
January 17, 2023
Sign up here to receive our monthly email cartoon tip for maximizing the value of your business.