Privately Owned Businesses

The "Privately Owned Businesses" category provides insights for owners navigating growth, succession, and financial strategy. Topics include tax planning, funding, and risk management. Our goal is to help entrepreneurs make informed decisions to strengthen and preserve their business.

Cash Flow – Plan Ahead, Stay Informed!

For owners and entrepreneurs, careful business planning is a required skillset that takes repetition and...

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Bill Clement

March 15th Deadline and Deductibility of Accrued Compensation

As we approach the March 15th filing deadline for S Corporations and Partnerships, a friendly...

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Shaun DaCunha

The Role of a CPA in the Business Sale

Selling a business is a big deal, it's like getting married, you want to make...

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Bill Clement

The Importance of Tracking Cost Basis in Real Estate Investments

Real estate investing can be a great way to build wealth over time. Having accurate...

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Shaun DaCunha

The Benefits of Cloud-Based Accounting Systems

Given the pace at which business is moving in today’s world, it's more important than...

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Bill Clement

464-2

Happy Veteran's Day and thank you to our brave servicemembers!

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Southcoast Financial Partners

Cash and Accrual Accounting – Which is right for you?

You may be surprised to learn that the language of accounting is diverse for small...

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Bill Clement

Defense Conference

2022 Defense Innovation Days

We are proud to be part of the 2022 Defense Innovation Days conference in Newport,...

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Bill Clement

Protect Yourself from Unpredictable Supply Chain

Global supply chain is rapidly changing - it is a very unusual time in history,...

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Southcoast Financial Partners

How is inflation impacting my business valuation? 3 Considerations for Business Owners

This year the U.S. is experiencing record-high inflation due to several significant global economic and...

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Southcoast Financial Partners

4 Considerations when Forecasting with Inflation

For most businesses, the process of creating a dynamic financial forecast is challenging and often...

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Southcoast Financial Partners