By Eric Flickinger, CPA/ABV | Manager, Business Valuation Have you ever tried to substitute diet soda for regular soda? It’s just not the same. Diet soda can leave a bad taste in your mouth if you are not prepared for it. Similarly, if you fail to understand the difference between enterprise value and equity value, …
Enterprise Value vs. Equity Value: What’s the Difference? Read More »
By Dave Gustafson, J.D. | Principal – Business Valuation One of the biggest decisions a business owner can make is how they want to handle the succession of their company. While many employees can retire and move on with their life, an owner has to consider several things, including who is going to succeed them …
ESOP 101: What Owners Need to Know about Employee Stock Ownership Plans Read More »
Key Points to Communicate to ESOP Participants By Eric Flickinger, CPA/ABV | Manager, Business Valuation The discounted cash flow (DCF) method is an advanced topic in financial courses. So, explaining the process to individuals that haven’t spent time studying finance can be somewhat complicated. However, if you’re an employee stock ownership plan (ESOP) participant, it’s …
By Mike Fink, CPA | Supervisor, Tax The state of Ohio established a Research and Development (R&D) Investment Loan program for qualified business owners more than 15 years ago but many business owners may be unaware of its existence or benefits. This program provides low-interest loans with a tax credit through the Ohio Development Services …
Why Manufacturers Need to Know About Ohio’s R&D Investment Loan Read More »
Stimulating developments have occurred recently to reestablish important tax deductions for small business owners in Ohio. Early in June: The Ohio House of Representatives passed their version of a state budget, including an increase of $1.2 billion in business taxes. The House budget cuts personal income tax rates by 6.6% but switched tax burden to …
If you’re a business owner considering the next phase of your legacy, have you considered selling the company to your employees through an Employee Stock Ownership Plan (ESOP)? A viable option for succession planning, ESOPs provide business owners the freedom to exit their company on their own terms, while rewarding employees and offering skin in …
Ep18: How (and When) to Sell Your Company to Your Employees Read More »
Fostering a culture that supports work/life balance of its employees means taking a break from the “business side” of professional development and discussing a topic many employees can relate to – parenting. Today, Chuck & Brittany are joined by Dale Vernon, co-author of How Imperfect Parents Lead Great Families. Investment professional by day, Dale and …
Apple Growth Partners named Top Workplace in Cleveland.
Living in a word of technology means the on-going risk of cyber-attacks facing businesses and users everyday. Everything from Phishing scams to fake spam calls threaten the cybersecurity of businesses large and small. Jay Mellon, CEO and co-founder of AtNetPlus, is here today to discuss how companies need to control their technology so they can …
By Matt Silla, ASA, CFA If you’ve decided to take a closer look at an Employee Stock Ownership Plan (ESOP) for your succession plan, you may be wondering what the next steps are. The typical next step is an ESOP feasibility study. This process is important in providing information to shareholders considering selling shares to …
