How to Smoothly Transition Ownership of a Small Business

How to Smoothly Transition Ownership of a Small Business
 

Unsure where to start with transitioning your small business? There are four main options for transitioning a business: selling to a private equity firm, selling to an internal employee, transitioning to a family member, or selling to an outside party. We emphasize the importance of professional guidance throughout the process, including an accountant, attorney, and business broker.  Planning for a successful transition should ideally begin three years in advance. 

Want to know more? Send us an email: bsb@kaizencpas.com

 

The IRS Is Eliminating Paper Checks. Here’s What That Means for You

The IRS Is Eliminating Paper Checks. Here’s What That Means for You

The IRS has officially phased out paper checks for both payments and refunds. That shift affects how business owners send money to the IRS, how...

How to Employ and Pay Your Children in Your Business

How to Employ and Pay Your Children in Your Business

If your kids help in your business or you’re thinking about bringing them in, there’s a right way to do it and a wrong way to do it. In this...