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We’ve been discussing how running your business is like following a recipe. You need the right ingredients in the right amounts in order for the dish to come out correctly. We’ve talked about profitability, which is a measure of profit relative to revenue. And we’ve also talked about activity, collecting your accounts receivable and turning inventory. The third ingredient…
Offering wealth management services is something all accounting firms should do for all clients that need it. My premise is that everyone needs some sort of financial planning; the scope and depth of the engagement will vary based on complexity, but everyone that is a client of your firm has financial issues and needs. The…
We’ve been talking about how running a business is like baking or cooking. You need all the right ingredients, in the right proportions, cooked at the right temperature, for the right amount of time. Every business owner wants a business that’s “cooked” just right, with lots of cash flow and profits. You can read about the…
Host Bill McDermott is joined by David Shavzin of The Value Track and Bob Tankesley of Neri Capital. David and Bob advocate that the seller of a business must take the perspective of the prospective buyer. By doing so, a seller will better understand business valuation, planning for a successful exit, and how the sale process will…
As the world fights through a devastating pandemic, tax scams and schemes have not stopped. In fact, they have grown. No theme is too low for these nefarious designers of deceit. The IRS tracks and releases a list of the most prominent scams each year. Taxpayers and tax professionals should know them well and how…
For business owners who have spent their lives building a business, retiring may not be an easy prospect. Many lack company-sponsored pension plans and most of their money is tied up in the business. If you are facing this situation, now is the time to start developing an exit strategy. We at Abo Cipolla Financial Forensics are…
We are experiencing a global economic surge due in many ways to the pent-up demand from the pandemic. Most businesses are in “recalibration” mode. The US consumer is driving this economic boom and no matter what business you are in, you need to consider changes to your business model and approach to capitalize on this economic recovery….
Here are the supporting documents for the February discussion: February Synopsis.pdf February MC Slides.pptx Acme Fitness Distributors, Inc. – Financial Statements.pdf ACME Script – Feb Final.pdf Hern Slides.pptx Magee Slides.pptx
Here are the supporting documents for the January discussion: January Synopsis.pdf January Scenario 2020-01.pptx ACME Script – January Final.pdf
For years you’ve heard us at Abo and Company / Abo Cipolla Financial Forensics tout the critical importance of buy/sell agreements. Such are almost always advisable for closely held businesses with more than one owner. These agreements can (1) prevent unwanted persons from becoming members of the ownership group, (2) provide a market for closely…
Program produced by XPX New England.Structuring & Strategies for increasing shareholder valueIn this XPX session, our panel of experts will walk through a set of case studies showcasing a series of tools to increase shareholder value.The case studies will provide insight from CEO, Investor and Advisor perspectives highlighting the growth of a formerly family owned…
Have you been using online technology to the fullest extent to develop your business? Are you doing enough networking to generate results? Are you structuring the appropriate follow-up conversations? Online networking has accelerated throughout Covid and the ease of contact and content development means it’s here to stay. Learn how to leverage this ‘new normal’…
Charlotte case study Intro & Discussion on pending capital gains policy changes Please join this virtual educational event. Building on the May event: We will introduce a business / owner case study scenario. This case study scenario will provide the context for the subsequent series of educational events, throughout the 2nd half of 2021 and…
Intangibles and Corporate Value This program continues our two-part discussion about shifts in business and economics and how they affect our clients. In this Part 2 of the discussion, we’ll have a panel discussion about the rise of intangibles: The two trends that have led to the dominance of intangibles in business How intangibles influence…
Building Culture Moving Forward People and culture are at the core of a successful merger or acquisition. Meet Our Speakers: Jill ChapmanSenior Performance ConsultantInsperity Jill Silman Chapman is a Senior Performance Consultant with Insperity Traditional Employment Solutions. She holds a Bachelor’s degree in Journalism from The University of Texas at Austin, a Master’s degree…
Meet XPX Charlotte Join on a Zoom call with leaders of XPX Charlotte to: Understand our mission / purpose; Learn how XPX is different from other organizations; Hear from current members why XPX is important to them; See our full collection of educational events, socials and other networking programs. Program produced by XPX Charlotte.
Program produced by XPX New York. The Power of Culture and its Impact on Business Valuations Businesses are challenged now more than any time in history. This session will focus on how a dynamic business culture supports and sustains growth, enhancing business valuations.Our Speaker:Rochelle LisnerFounderDynamic Business GrowthRochelle Lisner, through her firm Dynamic Business Growth, works with companies…
How to XPX: Our Case Study Continues- What Should Sam Do to Improve Sales? Our “owner” Sam McGraw has been on quite a journey since January. Join us for a new angle on helping Sam grow and build value as he works toward a sale. Why Join Us? New and interesting ideas to implement and share…
Welcome & Intro To The Why & What of Exit Planning Join us for this virtual educational event. We will cover: An overview of the stages and tracks that comprise effective exit planning. Why is comprehensive exit planning important to achieving optimal outcomes for owners and their business? Introduction to the ‘XPX Way’ of collaboration…
Estate Planning Strategies for 2021 The sale of a business creates financial and estate planning opportunities and challenges. For many years, planners have enjoyed the increased (currently $11.7 Million) exemption, however legislation is being discussed that would drastically lower that exemption. This significant change will require new strategies to reach the financial goals our clients…
Program produced by XPX South Florida. Top 10 pitfalls to avoid when selling your business This XPX South Florida program will highlight the top ten most common pitfalls business owners may encounter leading up to and through the sale of their business, from the perspectives of a business owner, broker and sales consultant. We will…
Stakeholder Capitalism: Implications for Exit Planning The Pennsylvania Bar News recently featured an article by XPX Philadelphia Member Sean-Tamba Matthew that explained an emerging shift in the understanding of a business’ role in our economy and how this influences exit planning: In 2019, the Business Roundtable’s Statement on the Purpose of a Corporation shifted away from…