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Tax Cuts and Jobs Act

Tax Cuts & Jobs Act TCJA (most of which went into effect on Jan 1, 2018) enacted some of the most sweeping reforms in over

Corporate Finance

Debt Service Coverage Ratio

Debt Service Coverage Ratio For the entrepreneur seeking financing to grow a business, financial ratios take on heightened importance. Of course, ratios are crucial in

Accounting

The Typical Balance Sheet

The Typical balance sheet: Typically, a Balance Sheet is divided into three main parts: 1. Assets: Current assets are those that can be converted into

Business Planning

Why is a buy-sell agreement necessary? 

Why is a buy-sell agreement necessary? The buy-sell agreement is the document that spells out how the business will function without you.  It’s a contract

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