Month: June 2020

Eight Essential Elements of an Exit Strategy for Business Owners

By Daniel R. Siburg, CPA, CVA and Stephen E. Koons, CPA/ABV/CFF, ASA All business owners will need to transition their businesses to new owners at some point in time. The new owners could be business partners or family members, and transactions range from management buy-outs to outright sales of the businesses on the open market.…
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Chart of Household Debt Compared to Corporate Debt from January 1990 to January 2020

This chart shows household debt and corporate debt as a percentage of GDP. Households take on debt for various reasons, such as, purchasing a house, buying a car and paying for education. ¬†Corporations take on debt for various reasons too, such as, capital improvement, stock buy backs and to build up seasonal inventory.¬† Household debt…
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