When selling and valuing a business many times, owners prefer to use internal financials versus their tax returns. But remember, tax returns matter most in a business valuation. The reasons for this are many, but just a few are: Tax returns are many times on the cash basis for smaller businesses since cash basis earnings […]
Legal
50/50 LLC Agreement with Missing or Bad Terms
“Sidney Turner, my good friend, and an excellent transaction attorney, wrote this insightful blog, and I wanted to share it with my readers.” Chris Curtin Mr. Duff and Mr. Curto were friends, neighbors, or business associates when they decided to start their relatively modest venture. The two went into business together to develop real estate […]