My business makes a great living yet shows little profit.

By Hoke - Last updated: Thursday, July 22, 2010 - Save & Share - Leave a Comment

A skilled Accountant will minimize Income and therefore taxes. A skilled Business Broker will be able to professionally recast the Financial Statements and Tax Returns to maximize Income and therefore business valuation.  As an example, Interest and Depreciation increase Discretionary Income for the purpose of a Financial Statement Recast. An understated Financial Statement Recast can unknowingly cost the Business Seller tens or even hundreds of thousands of dollars in too low of a Sales Price, or cause a transaction to derail if the Recast is later found to be overstated.

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Posted in Business Valuation, Preparing the Business for Sale, Pricing the Business • • Top Of Page