Apple Growth Partners

What Is My Dealership Worth?

In the wake of the COVID-19 pandemic, automotive dealerships have experienced a significant surge in buy-sell activity, which has fueled many opportunities for dealership owners. While publicly traded dealerships have taken a step back from new acquisitions, privately held counterparts are harnessing the strength of their robust balance sheets to expand their footprint.

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6 Things To Consider Before Purchasing a Car Wash

The rapid growth of the carwash industry has made it a promising investment for those interested in owning a business. The opportunities will continue to grow as the industry expands — the global car wash services market is anticipated to grow when you consider that more than 72% of drivers in the United States regularly use professional car wash services.

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Placing Growth at the Center of Your Business

Owning and operating a restaurant can have significant perks, with a side of complexities. Mainly, understanding and forecasting taxes for restaurants, which can cause headaches among other responsibilities. Proactive tax planning is a must and should be completed prior to 12/31 of the calendar year to identify opportunities. Tax rules often change; best practice recommends business owners should understand the rules as stated currently, while being aware of potential future changes.

Year-End Tax Planning Tips for Restaurants

Owning and operating a restaurant can have significant perks, with a side of complexities. Mainly, understanding and forecasting taxes for restaurants, which can cause headaches among other responsibilities. Proactive tax planning is a must and should be completed prior to 12/31 of the calendar year to identify opportunities. Tax rules often change; best practice recommends business owners should understand the rules as stated currently, while being aware of potential future changes.

Understanding Tipped Overtime Calculations

Under the Fair Labor Standards Act (FLSA), most restaurant employees are classified as non-exempt and entitled to overtime pay of 1 and ½ times their regular rate of pay. Calculating overtime pay can be challenging, especially for tipped employees.