client insight: small businesses sell for highest prices on record

tariffs and elections take center stage as market aims to continue record pace.

a new report obtained by 卡塔尔世界杯常规比赛时间 reveals record highs in small business financials, allowing sellers to ask and receive more money than ever recorded.

sale prices of businesses sold in the third quarter of 2018 reached new highs, according to the bizbuysell third quarter 2018 insight report. the record sale prices are directly related to stronger business financials which also hit new levels in q3.

with buyers able to offset increasing prices by acquiring healthier businesses, the result is a well-balanced market.

full results are included below, with statistics from business-for-sale transactions reported by participating business brokers nationwide.

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working hard? or hardly working?

man working hard at office deskhow to communicate your value to clients. 

by ed mendlowitz
call me before you do anything: the art of accounting

one summer i worked for my father at one of his large clients. it was a hot july day and i was wearing a suit and tie and there was no air conditioning in the office, just a fan that wasn’t one of the most expensive you could buy.

more: beyond the numbers: be a friend | when discounts don’t work | call me before you do anything | learning to delegate: slow is faster
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across from my desk sat the owner’s father. he just sat there; he did no work. i was working hard and barely looked up, but when i did our eyes met occasionally and he nodded, but that was it.
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beyond the numbers: be a friend

green "opportunity" highway sign with sunrise backgroundthe client could have it all, but the accountant had to show him how.

by ed mendlowitz
call me before you do anything: the art of accounting

many years ago my boss, bernard d. kleinman, had a client who was a creative genius in the advertising industry, and was being courted by many other firms.

more: when discounts don’t work | it’s not always about the money | the value in value consulting | a cpa looks back across the generations
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he liked his job, position, and respect, and he had no desire or thoughts of leaving. but, as a gentleman, he listened to whoever approached him.
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passwords: how to beat the hackers

nine new rules for hack-proof security.

by barry j. friedman, cpa
industrynewsletters

consider all the passwords you use, in your personal and business lives. passwords secure all the resources on your computer and phone — your email and important online accounts.

more hot-button topics for clients: supreme court’s wayfair ruling on sales tax sows more confusion

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why work on making your passwords stronger?

hackers will attack the low-hanging fruit first.

what attackers will do is steal the storage of passwords on a vulnerable screen. these passwords are encrypted, but with tools like pwdump, airodump-ng and the meterpreter, hackers can take as much time as they need to crack your password.

the best way to make your password less appetizing is to choose a random set of characters in the maximum length your account or system will accept: read more →