Consulting

The Internal Revenue Service issued Notice 2024-85 PDF providing transition relief for third-party settlement organizations (TPSOs), also known as payment apps and online marketplaces, regarding transactions…

Have you ever wondered why fire trucks always back into the fire hall instead of pulling in head-first like most vehicles? The reason is simple: it’s all about being prepared for quick action. By backing…

As we approach the close of 2024 and look ahead to 2025, many business owners are focused on transformation and growth. If increasing your company’s value is your goal, consider these New Year’s resolutions…

As 2024 enters its final quarter, you’re likely reflecting on your business objectives for the next year. Perhaps you’re aiming to establish a recurring revenue stream, hire a general manager, or start…

What are your business objectives for the year? Many entrepreneurs are focused on profitability and perhaps a revenue target. While these goals are critical, there’s another objective that could provide…

If you’re aiming to build a valuable company, one of the most critical steps is ensuring your business can run smoothly without your constant involvement. While this journey might seem overwhelming, there…

You know gross margin impacts your profit, but have you considered its effect on your company’s value? When evaluating your company’s value, acquirers and investors often scrutinize your gross profit…

Some business owners mistakenly believe that selling their company is a quick process, similar to a running a sprint. However, selling a business is more like a marathon, requiring significant time and…

Entrepreneurs know first-hand the challenges that small businesses face in achieving sustainable growth. One of the advantages we have at Haefele Flanagan as a trusted advisor is “perspective”, being…

Baseball’s leadoff batters measure their “on-base percentage” – the number of times they get on base – as a percentage of the number of times they get the chance to try. In hospitals, staff-to-patient…