Make sure your financials are in order. Take legal deductions wherever you can but, be sure to keep reporting above board to increase value!

Many people are ready to sell their business, but their financials may not be. At ROI, we help business owners determine a range of value for their business. One such method is to determine all cash flow available to an owner above and beyond the ordinary expenses needed to run the enterprise. There may be expenses that are “discretionary” to running the business, such as tickets to sports games, car expenses, pensions or travel expenses. A good CPA can use the tax code to legally expense these items through the business. The higher the value of these discretionary expenses when added to income, the higher the value of the business.