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Thursday, December 27, 2012

End of Year Tips to Prepare Your Business For Sale

Often small business owners don't realize that a buyer for their business will want to see three to five years of past tax returns when they buy the business. Many businesses decide they want to sell, but sadly their books will not support the price they want for the business. So to help you get the most for your business when you do decide to sell (whether it is next year or 10 years), use these helpful tips: "Clean" the books Typically your accountant will show you how to minimize your tax liability and...

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