Strategic Advisory Services

5 Key Steps to Effective Exit Planning for Business Owners

If you’re planning on selling your business in the future, a comprehensive exit planning process is crucial to maximizing your outcome. Exit planning should be top of mind for all successful business owners, but it’s a topic that’s overlooked by many entrepreneurs.  Even if you currently don’t have any plans to sell your business, the …

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Author: Bill Meyer

This article was written by Bill Meyer, Managing Partner at Strothman+Co. Bill serves clients in a broad range of industries as they launch, grow, maximize, invest, and sell their businesses. On a regular basis, he can be found assisting with matters such as financial reporting; forecasts and projections; cash management; financing; and business improvement. He provides services in the areas of accounting, assurance, tax planning, valuations, and investment advice. 

What’s Your Business Worth? The Art and Science of Business Valuation

How much is your business worth? It’s an interesting question, but one that’s difficult for many entrepreneurs to answer. So many factors define how the value of a business is calculated – both quantitative and qualitative. Businesses aren’t static – they grow and evolve over time, and so does their value. It’s crucial for business …

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Author: Rory Satkoski

This article was written by Rory Satkoski, Partner at Strothman+Co. Rory brings a diverse set of business experiences to his position as a Partner in Strothman and Company’s Entrepreneurial Business Services (EBS) Group. He works with small-business owners and CFOs to assist with business-reporting needs, minimization of taxes, and various tax and accounting issues. Rory provides high-quality outsourced CFO services, reviews, compilations, and innovative tax-planning solutions. He also has special expertise in the area of business valuation.

How Cost Accounting Helps Businesses Measure Performance

Cost accounting is a type of accounting that analyzes a business’ complete production costs by looking at both variable and fixed costs. This includes the concepts of marginal costing, lean accounting, standard costing and activity-based costing. It’s used by a business’ management to evaluate fixed and variable costs involved in the manufacturing operations. The initial …

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Author: Strothman and Company

Author: Strothman and Company

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