Authored by RSM US LLP
Throughout the business life cycle, certain challenges, opportunities and solutions commonly arise. But the stages are not always linear and certainly are not rigid. A company can revert to a previous stage by design, poor planning or happenstance. It can also straddle multiple stages simultaneously while grappling with transition points.
Business owners can learn from the experiences of others to manage their own organization, plan for its future and build their personal wealth. The following descriptions of stages of the business life cycle are based on experiences of RSM clients. Details of companies, their owners and their business issues are representative examples that depict a road map of the life cycle.
By fully understanding each stage, a business owner will be better prepared to embark on their own journey to success.
RSM’s experienced business owner tax advisors understand the business lifecycle from startup to business transition. We can point out potential blind spots, provide tips and lay out the best tax strategies to help ensure success.
Want to learn more? Complete the form below to download our ebook.
This article was written by RSM US LLP and originally appeared on 2023-01-17.
2022 RSM US LLP. All rights reserved.
https://rsmus.com/insights/services/private-client/a-guide-to-business-ownership.html
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/aboutus for more information regarding RSM US LLP and RSM International. The RSM(tm) brandmark is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
Lauterbach, Borschow & Co. is a proud member of RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.
For more information on how the Lauterbach, Borschow & Co. can assist you, please call us at (915) 544-6950.
