Profit Sharing Plans for Small Businesses

Business owners who want to sponsor a retirement plan for employees (including owner-employees) have many options from which to choose. Knowing the basics can help entrepreneurs make an astute decision. One choice is a profit-sharing plan. Despite its name, your...

Correcting 401k Plan Errors

Retirement plans have become a fixture at most companies because they provide employees with an opportunity to save for their future. While there are many types of retirement plans available, most companies elect to offer a 401k plan. This plan type is quite popular...
Benefit Plan Fraud Prevention

Benefit Plan Fraud Prevention

Fraud is a fundamental problem that businesses must protect themselves against. When an incident of fraud is uncovered not only does it destroy trust between management and employees, it can also end up costing the business tens to hundreds of thousands of dollars....
Business Valuations – Asset Approach

Business Valuations – Asset Approach

Determining the value of a business is an essential exercise for many reasons. In most cases, a valuation is conducted because the business is involved in a sale or acquisition. In other cases, determining a company’s value is needed for shareholder buy-ins, estate...
Business Valuations – Income Approach

Business Valuations – Income Approach

Occasionally business owners need to conduct a business valuation to ascertain the value of their company. This may be for various reasons such as planning to sell the company, going through a merger, partner buy-in, estate planning and even divorce. Regardless of the...