Buying a business

Using a Noncompete Agreement When Buying a Business

May 17th, 2022|Categories: Accountant, Accounting, Burns Firm, Business, Buying a Business, CPA, CPA Dallas, Dallas CPA, Dallas tx accountant, Due Diligence, M&A, Merger & Acquisition, Sell Business, Selling a Business, Services, Small Business, Tax, The Burns Firm|Tags: , , , , , , , , , , , , , , , , , |

Noncompete agreements are commonly included in business purchase transactions to prevent the seller from competing against the buyer for the term of the noncompete agreement. These arrangements are also sometimes called [...]

Due Diligence Considerations

February 8th, 2022|Categories: Accounting, Burns Firm, Business, Buying a Business, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Due Diligence, M&A, Merger & Acquisition, Sell Business, Selling a Business, Services, Small Business, The Burns Firm|Tags: , , , , , , , , |

Buyers of businesses generally prefer to arrange for an asset purchase transaction, instead of purchasing an ownership interest in the target business entity. Why? The primary reason is to avoid exposure to liabilities — both [...]

Buyer’s Side Due Diligence Checklist

December 9th, 2021|Categories: Accounting, Burns Firm, Business, Buying a Business, CPA Dallas, Dallas CPA, Dallas tax return preparer, Due Diligence, Growing A Business, Merger & Acquisition, Services, Small Business, The Burns Firm|Tags: , , , , , , , , |

The process of due diligence can be extremely complex in merger-and-acquisition transactions. The information uncovered can make or break a deal. If your business is considering a purchase and is only [...]

Private Equity: Taking Companies to the Next Level

December 17th, 2020|Categories: Accounting, Burns Firm, Business, Buying a Business, Merger & Acquisition, Sell Business, Selling a Business, Tax|Tags: , , , , , , , , , , |

The number of mergers and acquisitions has continued to be strong in recent years, and private equity has remained as one of the driving forces. With private equity capital looking [...]

Preventative Steps Help Ensure M&A Success

June 18th, 2020|Categories: Accounting, Burns Firm, Business, Buying a Business, Merger & Acquisition, Sell Business, Selling a Business|Tags: , , , , , , , |

Just because a merger or acquisition is completed on paper does not mean the transactions will be a success. The implications can generally be seen 18 to 24 months after [...]

Hit the Ground Running: 7 Steps for New Business Owners

June 9th, 2020|Categories: Accounting, Burns Firm, Business, Buying a Business, C Corporation, Merger & Acquisition, Partnership, S Corporation, Services, Tax, Tax Preparation, Tax Return|Tags: , , , , , , , |

Running a new business can be a daunting endeavor. As soon as you form a business, you will face many important decisions, ranging from mundane to critical. While much of [...]

Is This the Right Time to Sell Your Business?

February 20th, 2020|Categories: Burns Firm|Tags: , , , , , , , , , , , |

Selling a business requires a great deal of time and effort on both the buyer's and seller's behalf. In addition, determining the right time to finalize the transaction can make [...]

Why Buyers Love Asset Purchase Deals

December 17th, 2019|Categories: Accounting, Burns Firm, Buying a Business, Services|Tags: , , , , , , , , , , , |

Are you thinking about buying a business? How you structure the deal will affect the taxes owed by the buyer (you) and the seller (the other party). The Tax Cuts and [...]

Taking the Acquisition Route

November 26th, 2019|Categories: Accounting, Burns Firm, Business, Buying a Business, C Corporation, Merger & Acquisition, Partnership, S Corporation, Sell Business, Selling a Business, Services, Tax, Tax Credits, Tax Planning, Tax Return|Tags: , , , , , |

An acquisition of a target company's stock or assets can help your business expand its operations while maintaining control of the company. With taxable direct purchases, the buyer simply pays [...]

Tying the Knot With Another Company

May 2nd, 2019|Categories: Accounting, Burns Firm, Business, Buying a Business, Sell Business, Selling a Business, Services, Tax|Tags: , , , , , , , |

Acquiring another company and merging it with your business can be the most efficient way to grow. But many acquisitions don't pay off and it's often management issues — not [...]

Tax Document Retention Guidelines for Small Businesses

May 1st, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, Countdown to Transition, EBITDA, Merger & Acquisition, Partnership, S Corporation, Sell Business, Selling a Business, Services, Tax, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: , , , , , , , , , , , , , , , , |

You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But if your office is strewn with reams of paper consisting [...]

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