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B2B CFO® Partner Dan Young elected to The First Tee Broward Council of Directors

FOR IMMEDIATE RELEASE

Media Contacts:
Ania Kubicki or Tobin Ernst
ANGLES Public Relations
480-277-9245 or 480-322-3938
ania@anglespr.com, or tobin@anglespr.com

FORT LAUDERDALE, Fla. (June 20, 2017) – B2B CFO®, the largest CFO firm in the nation that services small and mid-size businesses, announced today that Dan Young, a partner with the firm, has been elected to serve on the Council of Directors for the local non-profit The First Tee Broward. …

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Posted in Business Best Practices, Cash, CFO Services, Exit Strategies, Other

6 cautions when the sale of your business is being financed

CashBefore you can understand the importance of negotiating a final small/medium business sale agreement, it pays to brush up on facts about how sales are financed and how proceeds are taxed. Why? Because every decision regarding the payment structure affects when and how money transfers from the buyer to the seller and how the payments are taxed.…

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Posted in Business Best Practices, Cash, CFO Services, Exit Strategies

minimize taxes when you sell

CashWhen you sell your business you may face a significant tax bill. In fact, if you’re not careful, you can wind up with less than half of the purchase price in your pocket, after all taxes are paid! However, with skillful planning it’s possible to minimize or defer at least some of these taxes.…

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Posted in Business Best Practices, Cash, CFO Services, Exit Strategies

what is your business really worth?

Of all the misconceptions by business owners, the ones surrounding their company’s value are both the most common and often wildly inaccurate.

Asset vs Stock sale – About 90% of small business sales are asset transactions. Only about 10% close as a transfer of stock ownership. That will double the tax estimate from 20% capital gains to a 40% ordinary income rate.…

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Posted in Business Best Practices, Cash, CFO Services, Exit Strategies

5 ways to grow your profits

According to Brad Sugars in his August 2009 article, there is a simple, “secret” formula to massively grow profits in any business. Interestingly, those starting businesses seem to embrace this formula far more easily than owners who have been in business for a long time. There are probably a number of reasons for this, however, if you embrace the simple growth and profit-focused formula, you will be way ahead of the competition.…

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Posted in Business Best Practices, Cash, CFO Services, Exit Strategies
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