by Michael Best | Jun 9, 2026 | Blog posts and book excerpts
Let’s say that you’ve been offered the opportunity to purchase a small business as a going concern – a turnkey operation – and the asking price is $1 million. It’s apparent to you that the net tangible assets value – that is, the...
by Michael Best | Jun 8, 2026 | Blog posts and book excerpts
Regardless of the size of your small business, if you use an accountant for financial recordkeeping and tax return preparation, make sure the paperwork you hand over is complete and orderly. Find out how your accountant prefers to receive your material and comply with...
by Michael Best | Jun 7, 2026 | Blog posts and book excerpts
Here’s the one thing I wish someone had told me when I started my business: take a day off. Like, an actual day off. Every week. Put it in the calendar, guard it like it’s a client meeting, and actually show up for it. That’s what I call the...
by Michael Best | Mar 29, 2026 | Blog posts and book excerpts
The recent attention on the Middle East war has revived memories of my time working there as a young chartered accountant. One in particular stands out—a business experience that offered a revealing glimpse into the forces that can drive regime change. It was 1978,...
by Michael Best | Mar 17, 2026 | Blog posts and book excerpts
Sometimes, when trying to explain one’s introversion and resultant impatience with trying to get things done via structured groups of invariably inflated egos, it’s easier to point to someone well known and credible with similarly-expressed views and say, ”Exactly!”...
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