Selling a Professional Services Firm in Charlotte: How to Turn Rainmaker Risk into a Stronger Deal
When owners of professional services firms in Charlotte and across the Carolinas start thinking about selling, the first question is usually valuation. What is the firm worth? But an equally important question is how that value will be paid. In professional services transactions, the answer often depends on one structural issue: how dependent the firm is […]
4 Important Tax Issues to Consider When Selling a Business
There can be significant tax implications on selling a business. Inevitably, you will pay taxes on the income of the sale, but there are some ways to minimize your taxes on selling a business so you can keep more in your pocket. Before we launch into different tax issues to consider when selling, the first […]
Rollovers as Business Startups: ROBS
Rollovers as Business Startups (ROBS) allow a person to start or acquire a business using their 401(k) without paying early withdrawal penalties or upfront taxes. I utilized my 401(k) when I purchased a business from Viking M&A years ago. You might be surprised at how many folks have no idea that this is an option! […]