By Jeff Servais, principal, and David Laugtug, principal, CLA In the life of a business, ownership transition is inevitable. Whether selling to private equity or to the next generation of your family, someone else, at some point in time, will own your company. Most owners don’t realize how this process, often highly emotional, balances a … Read more
By Dawn Morgan, CPA and Kathleen Martin, CPA Many entrepreneurs in Tampa Bay entered 2020 with new business ventures in motion or expansions of existing business—opening new locations, new entities or a combination of the two. Despite hits from the COVID-19 pandemic, the Tampa Bay area saw a trending increase in new business applications, according … Read more
Dixon Hughes Goodman, an accounting firm based in Charlotte, North Carolina but with a presence in Tampa Bay, has announced it will merge with BKD CPAs & Advisors. The merger of the two firms creates a national top-ten firm that will have a combined $1.4 billion in revenue, a statement said. Tom Watson, current chief … Read more
By Jack Rybicki In 2020 and 2021, companies benefited from an unprecedented amount of federal and state support to help them weather the economic impact of the COVID-19 pandemic. The Paycheck Protection Program (PPP) helped nearly 11.5 million companies through the issuance of over $792 billion in forgivable loans. Many PPP borrowers are now breathing … Read more
By Brian Leidel, CPA, CFP, PFS, shareholder with Kerkering, Barberio & Co. On the surface, establishing and operating a law firm seems like any other business: hang a shingle, perform services for clients, bill and collect, pay staff and overhead, and share profits among the owners. However, many important accounting and tax issues need to … Read more
By Kelly Kavanaugh To navigate the pandemic, businesses have had to adapt to survive. From remote work to cost-cutting measures, shifts from traditional approaches were essential to maintaining revenue streams. As we move forward, it’s likely remote work will remain part of many business models. Thus, now is a good time to consider how hiring … Read more
Business leaders often watch commercial real estate activity to see how the economy is doing and where it’s going. So, it’s good news that things look bright for the Tampa Bay commercial real estate market and, in turn, the local economy. With this in mind, here are seven commercial real estate trends to watch as … Read more
