Tag Archives: business

Depreciation: Recognizing the Declining Value of an Asset

            Depreciation is more than just an accounting necessity. It has a greater purpose and function. Depreciation recognizes and displays the – The natural decline in value of assets’ fair market values (FMVs); and Allocates the costs of your assets over the time you use them. Financial Statements Effects Depreciation

Exit Strategy last thing on your mind? Think again.

If you’re like most entrepreneurs, the last thing on your mind is an exit or succession strategy. However, this is is a critical responsibility you should address even before you launch your company. Family businesses often pose even more challenges than the world’s largest corporations. Your exit strategy should address more than just yourself, but