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Tag Archives: Business Planning (Sentinel)

How To Value A Professional Practice

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If you have seen the television show “Shark Tank,” you have probably heard this question: “How do people actually value a professional business?” Many factors go into a valuation, and “Mr. Wonderful” does not always have the right answer.
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Offering An Employment Contract That Works

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Employment contracts and prenuptial agreements have something in common: We are often reluctant to discuss them amid the excitement of a new relationship, but they can save a lot of conflict and expense if things don’t work out as we hope.
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Health Care Reporting Requirements For Business

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Smart business owners know the importance of keeping good records. The Affordable Care Act has created one more incentive for employers to keep abreast of sometimes complicated reporting requirements, by requiring them to provide information about company-provided health care to both their employees and the government.
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Choosing A Retirement Plan For Your Small Business

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A qualified retirement plan can be beneficial to employers and employees alike, yet for a small business owner who is busy with daily operations, the time and effort involved in choosing a plan can seem daunting. It does not have to be.
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Avoiding The Partnership Technical Termination Trap

Some families have been pleased about using partnership interests for wealth transfer during the recent market lows. Unfortunately, a few have been met with unwelcome surprises — five-figure bills penalizing the partnerships for filing late tax returns.
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