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Selling Your Business – Plan Well, with a Tax Benefit When You Retire

Selling Your Business – Plan Well, with a Tax Benefit When You Retire

by Evolve Audit & Advisory | Oct 27, 2022 | Business, Tax

“A diligent buyer will want up to five years’ worth of profit and loss statements, bank statements, tax returns, leases, supplier and vendor contracts, and customer data.” (Barbara Findlay Schenck – Author “Selling Your Business for Dummies”)  The reasons why a...
Business Loan or a Credit Facility – Which Is Right for Your Business?

Business Loan or a Credit Facility – Which Is Right for Your Business?

by Evolve Audit & Advisory | Oct 27, 2022 | Business, Financial

“I would borrow money all day long, if the cost of borrowing is less than the expected return.” (Brad Schneider, American congressman) At some point it’s more likely than not that your small business will require a business loan. A 2021 study done by Fundera (a...
Don’t Let Fraud Infect and Damage Your Company

Don’t Let Fraud Infect and Damage Your Company

by Evolve Audit & Advisory | Oct 27, 2022 | Business

“In a way, fraud in business is no different from infidelity in marriage or plagiarism in scholarly work. Even people committed to high moral standards succumb” (Miroslav Volf, Director of the Yale Center for Faith and Culture)  Fraud (in this context) is the act...
Is Your Pricing Model Killing Your Business?

Is Your Pricing Model Killing Your Business?

by Evolve Audit & Advisory | Sep 28, 2022 | Business

“The moment you make a mistake in pricing, you’re eating into your reputation or your profits.” (Katharine Paine, founder and CEO of KDPaine & Partners) It may seem a simple concept but getting your pricing right is an integral part of any business’s true...
9 Key Metrics Every Business Should Track

9 Key Metrics Every Business Should Track

by Evolve Audit & Advisory | Sep 28, 2022 | Business

“If you can’t measure it, you can’t improve it.” (Peter Drucker) Metrics are defined as a set of numbers that give information about a particular process or activity. In a business context, a metric is a quantifiable measure used to...
How The Gig Economy Is Changing Traditional Businesses

How The Gig Economy Is Changing Traditional Businesses

by Evolve Audit & Advisory | Sep 28, 2022 | Business

“If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion” (Elon Musk) The move to the gig economy has been in the works for years. Even before the pandemic people were leaving their...
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