Part of being a good financial manager in a start-up company requires you to identify opportunities that your firm can use to save money. Sometimes, these opportunities lie beyond your ability to negotiate for favourable prices when buying assets or signing contracts. You need to look at things such as a tax shield benefit. If you've just started out in business, here is a look at tax shield benefit to help you gain an understanding of what it is and how it helps your firm save money:
Given that business is all about making money, you want to ensure you get the most money you can when you sell yours. After all, you'll be kicking yourself later down the line if you find out that you could have sold the company for a lot more than you did. Here are 3 things you need to consider when selling your business if you want to maximise your profits from the sale.