By Brandon Fredericks, CPA| Principal | Industry Specialty AGP Advisory, Audit & Assurance 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 …
6 Things To Consider Before Purchasing a Car Wash Read More »
It’s the number which needs no formal introduction, and it’s an elephant in the boardroom of every business in America whether acknowledged or not. No strategic plan, economic forecast, or growth projection is complete without cognizance of how a $31 trillion national debt service will muscle its way throughout the US economy. The goal of this article is to raise awareness of how incremental national debt impacts private businesses and explain why a pain-free past of borrowing is no indicator of future consequences from more borrowing. Finally, there are some pointers at the end of the article to help business owners consider how to handle asset valuation changes caused by a national debt crisis.
A multi-part series on the importance of succession planning and key considerations for business owners
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.
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.
Ohio recently joined 28 other states who have enacted the “SALT Cap Workaround” with Governor DeWine’s signing of Senate Bill 246. What does that mean for you?
Inflation hedging requires counterintuitive thinking but with persistence and vigilance, we will all arrive at the new normal unscathed. Historically, inflation raises prices, wages and input costs to a new level and then flattens out (relatively speaking). Deflation typically does not occur, and so, the exercise of adjusting has an end to it, thankfully.
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 »
Tuesday, October 27, 2020 On Friday, October 23, 2020, Governor DeWine and the Ohio Development Services Agency announced two new COVID Relief grant programs for Ohio companies: Small Business Relief Grant Grant summary $10,000 Grant Accepting applications November 2, 2020 Eligible Businesses For-Profit Entity Employs at least 1 and no more than 25 Ohio Employees …
