Example of what relevant business experience means?A good example is a person who acted as a painting contractor painting houses in the summer while working their way through college; followed by a 3 year partnership with a college friend in an internet-based dog walking service that was not going anywhere and was sold for small …
Step 1. Analyze the Balance Sheet: For example, it may be that a well-capitalized company has $600,000 retained as required capital in the balance sheet. In this hypothetical case, we would calculate a capital charge of perhaps 6%. or $36,000 against the income of the company. Subject to other factors. Step 2. Normalize the Financial Statements: Meaning …
Implementation steps required by my proprietary and copyrighted system. Read More »
For those of you who are working with clients who need business valuations for CRA, Divorce, or other purposes you may or may not know that the only legislation in Canada on Business Valuation comes from the The Income Tax Act and the Canada Revenue Policy Paper on Business Equity Valuations. They refer to different …
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To our knowledge there is no business valuation group or association with a robust methodology or system in place to value intangible assets and produce a tax compliant business valuation in Canada or the world that can compete with Eric’s Gold Standard.
Did you know that OF THE TOP venture capitalists who are the UNRIVALED business valuation experts; NONE OF THEM ARE ACCOUNTANTS?The internet has turned old business valuation methods on their head and the tax ramifications are huge. WE CAN HELPWe count all your assets; tangible and intangible, which can change your tax obligations a great deal. Prior to selling or …
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