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As a business owner, you've steered your company to success, and you've decided it's time to expand. Now, the question is: How can you keep cash flow stable along the way?

Entrepreneurship has increased since the pandemic, accounting for the bulk of job growth. Small business development in the US declined in the four decades before the pandemic — but since 2020, this chunk of the private sector has been driving the bulk of job growth.

Once the deal is sealed and the closing is complete, many business owners might think their job is done. However, ensuring that the transition to the new owner goes smoothly is crucial not only for the business’ continued success, but also for protecting your own ongoing interests.

Negotiation can evoke a range of feelings: some people thrive on it, others dread it, and many fall somewhere in between. Regardless of your stance, the ultimate goal remains the same: to emerge successfully from the negotiation.

One of the most critical questions for prospective buyers, investors, and lenders is understanding a business’s true income. However, it should come as no surprise that the party most invested in uncovering this information is the Internal Revenue Service (IRS).