Owning and leading a closely held business can be time-consuming, requiring absolute focus from its owner(s). However, it is essential to take time to reflect on the future of the business and its leaders.
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.
Brandon Fredericks shares what he learned about trends and the state of the industry at the 2022 Car Wash Show in Nashville.
After putting in the work to build your car wash business, you have reviewed all your uncertainties and decided you are ready to sell – now what?
Right now, if you Google the term ‘metaverse’, over 57 million results are returned. With so much information already out there on this topic, it should be easy to find an understanding of what the metaverse is, what it can do, and how it will affect us, right?
By Brandon Fredericks, CPA | AGP Advisory, Leader In my last article, I presented one of the benefits of an advisory boards as the ease of its creation. Though that is true, the upfront work should not be taken lightly. There is nothing worse than assembling the ‘wrong’ compensation of advisory board members. Before fully greenlighting an advisory board, I encourage you to invest a full day workshop with your …
I’d like to assemble an advisory board! Where do I start? Read More »
By Brandon Fredericks, CPA | AGP Advisory, Leader How different the world looks and feels in March 2021? Crazy to think a little over thirteen months ago, I finished up my last business travel via air travel for an Advisory project. Since then, I have yet to step foot on a tarmac. Though ‘how’ we do business has changed drastically, our clients and customers are still …
The Advisory Board: Is it right for my organization? Read More »
By Brandon Fredericks, CPA | AGP Advisory, Leader The merger and acquisition market remains active even through trying times. Over the past two years, an average of over 13,000 deals were completed for small and mid-size businesses—that’s over 35 deals a day. The act of buying or selling a business can be complex and time consuming. Luckily, we have provided some insight into …
AGP Advisory: The Ultimate Financial Due Diligence Checklist Read More »
By Brandon Fredericks, CPA | AGP Advisory, Leader In performing financial due diligence, we get a chance to really peal back the layers of a company. That process can reveal additional areas within the business that should be considered prior to any acquisition closing. The fact of the matter is everything in life comes with a cost. Thus, even though the financial due diligence process may …
AGP Advisory: Sizing Up Additional Acquisition Risk Read More »
By Brandon Fredericks, CPA | AGP Advisory, Leader Our journey thus far has taken us through understanding what a quality of earnings (QofE) entails, how we define and assess the “quality” within earnings, and our work around the earnings and Net Working Capital (NWC). This leads us into the next topic that helps bring these projects all together—the adjustments. Let’s define the typical adjustments we …
AGP Advisory: Understanding and Managing the Adjustments Read More »
