No company wants to face a tax audit. It is a highly time-consuming and costly process that can potentially hurt a business. There is no sure way to make your company completely audit-proof as the IRS often selects audit targets at random. However, you can take steps...
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Being ready in case of a tax audit
After Tax Day comes and goes, it is time to move onto the next big fear for the year. The anticipation and fear of an audit. There are some business owners who will keep physical boxes of documents for years out of fear of a future audit. While maintaining thorough...
Who is next in line to lead your business?
Part of building a successful business is building a reputation and a legacy. You have taken the time to establish your business’s name in the field, and you want that name to endure long after your time owning the company. Whether you plan to pass your business on to...
How much does your future office space impact productivity?
There are a lot of factors to consider when you are looking for a new space for your business. Of course, the well-known rule of real estate, “location, location, location” is important, but another critical issue is what type of environment will help your staff be...
Common mistakes when selling a business
As an entrepreneur, you spend a lot of time developing and growing your business. Not only have you come up with the product or service, but you also had to make investments in how you and your employees would make it all happen. When it comes time to sell your...
Signs a business negotiation is not going well
Some enjoy the art of making deals, negotiating agreements and contracts may not be a source of worry. The debate and discussion between current and future partners may be an exciting part of owning a business. For business owners who are new to negotiation or who...
Venue selection & location concerns for real estate developers
For real estate developers, location selection is the prime consideration. Choosing an ideal location depends on multiple factors, but a poor choice will mean low financial rewards after project completion.Real estate is very local and the optimal locale depends on...
Venue selection & location concerns for real estate developers
For real estate developers, location selection is the prime consideration. Choosing an ideal location depends on multiple factors, but a poor choice will mean low financial rewards after project completion.Real estate is very local and the optimal locale depends on...
Where economics and ecology align
Building and re-developing commercial real estate can be investments that yield excellent dividends. There are, however, often extensive legal considerations that come along with specific properties. Here are some legal factors about wetland permitting and mitigation...
Developers Can Give New Life To Old Properties
A crumbling 150-year old prison can have a new life as a 5-star luxury hotel. A fire-damaged church can be reborn as a trendy brewery and restaurant. An obsolete streetcar and maintenance facility can become a valuable live-work space for artists.As demonstrated by an...