This article discusses both the importance of a good leader in any small business as well as the requirement that the business is productive. To help you decide what is important to understand, members of the Young Entrepreneur Council weigh in on what they believe...
This article discusses the importance of having a succession plan. According to the Dayton Daily News, about 3 out of 4 small businesses currently do not have a succession plan. Succession plans should not be a birthright, but instead, should go to the most qualified...
This article discusses how marketing is essential for any successful business, especially startups. However, sometimes the best marketing practices can be extremely expensive with little return on investment. However, using simple tips such as getting a social cost, having a referral program, and sending emails...
This article discusses the best methods to practice before selling your business to someone who values it as much as you do. Firstly, it is important to determine your business value. In order to successfully do that it is necessary to follow the asset method,...
This article discusses guidance on the Tax Cuts and Jobs Act pertaining to the general deduction of business entertainment expenses. Because of the guidance put out in 2020, “Taxpayers…must carefully follow the rules set out in the final regulations for substantiating business food and beverage...
Blackman & Sloop is excited to announce that the firm was recently named as one of the 2021 “Best Employers in North Carolina” by Business North Carolina. Making Blackman and Sloop a place where our team members can thrive and grow is one of our chief...
Too often CEOs of a company will procrastinate the succession of their company to the next generation. This may happen since the idea of retiring from a business can be too difficult to embrace. Another reason is if the CEO decides to hand off the...
Chapel Hill, NC – The local accounting firm of Blackman & Sloop, CPAs, P.A. is pleased to announce the addition of Sara-Kelly Hawes to their professional team. Hawes joined the firm as a staff accountant on July 12th. She serves in the Blackman & Sloop tax...
Blackman & Sloop is pleased to announce that the firm was recently named as one of the 2021 “Best Accounting Firms to Work for” by Accounting Today. “Our team members are one of our highest priorities, and we strive to provide an environment in which they...
This article discusses how the coronavirus pandemic has impacted the way people are purchasing businesses and how business owners are selling. In fact, there’s been a rise in investment activity, and it is expected to continue for the remainder of this year. In order to...
