Selling a Business Involves More Than Money

The mistakes people make in selling their businesses stay with them long after the check has cleared and their new life has begun. They may have a considerable financial cushion, but because their wealth came from building something from nothing, they had a deep attachment to the company.

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Beyond the deal: Meeting goals with Economic Development incentives

Incentive use has grown dramatically and become a more prominent – and challenging – part of economic development work. Today’s environment requires better analytics to reduce risk, quantify benefits, refine strategies, explain and build support for decisions and, most importantly, to achieve better outcomes when using economic development incentives.

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The House of Representatives’ recent proposal is good news for small business

Representatives last week unveiled a 35-page blueprint for a simplified tax code, which would slash the corporate tax rate, reduce the top individual income tax rate, and consolidate the tax code from seven tax brackets to three, among other provisions.

Business groups are applauding the outline, saying it’s an important step toward unburdening small businesses from complicated taxes.

“It will be a huge advantage for small business owners to have a tax return as simple as a postcard,” NFIB President and CEO Juanita Duggan told The Business Journals. “When Congress tackles tax reform, NFIB will fight for the lowest possible small business rates.”

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