

Combinations For Growth
If your company has decided the best way to grow is to expand your ownership boundaries, you are probably considering either a merger or an acquisition. Both are convenient, quick ways to grow and they both have advantages and disadvantages. But the legalities and tax outcomes of these two transactions can be very different. First, here are the basic differences between the two types of transactions: Mergers generally involve taking control of another corporation's business


Protect Business Interests from Unethical Co-Owners
Trust is an important aspect of business relationships, especially partnerships. Unfortunately, that trust is sometimes misplaced. We have seen repeatedly in the news cases in which partners and owners are charged with embezzling from their companies. There are precautions businesses can take when looking for, or adding partners. Here are six pointers that can help protect your business and make sure that everyone with an ownership stake puts the organization ahead of their o


Warning: Be Sure Your Due Diligence Is Thorough
Comprehensive due diligence is essential if your business plans to acquire or merge with another organization. Without one, complicated implications could arise that with the potential to significantly affect the profits of viability of the transaction. A typical due diligence effort is far broader than a financial audit. The primary goal of an audit is to establish whether the financial statements accurately represent the performance of the business. Due diligence goes beyon