Why should businesses be valued and what is the basic criteria when doing so? There could be a number of reasons why an Expert Accountant would be asked to value a business. This includes acting for a client either purchasing or selling a business and whilst the methodology of valuing a business for sale may […]
Can you summarise a monetized installment sale in one sentence? A monetized installment sale is a sales transaction that is converted into immediate cash (i.e. monetized) although deferring income taxes for decades by use of the Installment Sale tax reporting. Who are the appropriate people to utilize a “monetized installment sale”? Any farmer, rancher, tree […]
What has been your biggest challenge that you overcame in this sector? The legal requirements which include approvals from the appropriate regulators, procedural challenges, lack of clarity in certain laws and the various compliances, are the biggest challenges that I have faced in the realm of M&A. Even though, the legal challenges are sector specific, […]
Eldon L. Looby is the Founder and Managing Attorney at Looby Law, PLLC (“LoobyLaw”), a virtual law firm. His practice is primarily focused in the areas of business law, litigation, eDiscovery, family and matrimonial law. Eldon’s clients consist of individuals, families and businesses ranging from solopreneur start-ups to SMEs (small and medium enterprises). Prior to […]
Apart from a business plan one of the most important things that you can do as a firm is sit down and think through what marketing you would like to do.
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