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Articles by Raymond Gong

Insights on profit margins, exit preparation, and financial management for home services contractors.

Exit Preparation

Key Adjustments in a Purchase Agreement: What Business Owners Need to Know

Key purchase agreement adjustments every seller should understand: working capital, earn-outs, net assets, contingencies, and closing date mechanics.

Jun 11, 2024 5 min read
General Finance

You DON’T Need a Fractional CFO. Here’s Why.

Not every business needs a fractional CFO. Here's how to tell if you actually need one — and when a bookkeeper or...

May 29, 2024 5 min read
Financial Management

Seven Game-Changing Deductions for Your Business

Seven tax deductions that can significantly reduce your business tax bill. From home office to retirement plans, maximize your legitimate write-offs.

May 29, 2024 4 min read
Exit Preparation

I Want to Exit My Business — Now What? A Home Services Owner’s Roadmap

A step-by-step guide to exiting your business: valuation, preparation, finding buyers, and the due diligence process explained for first-time sellers.

May 29, 2024 6 min read
Financial Management

Debt Financing for Home Services Companies: How to Borrow Smart and Avoid the MCA Trap

Strategies for reducing business debt and refinancing at better terms. When to consolidate, restructure, or negotiate with lenders.

May 29, 2024 6 min read
Financial Management

Capitalize vs. Expense: When to Use Each Method (With Examples)

When to capitalize vs. expense business costs and how each decision affects your P&L, balance sheet, taxes, and EBITDA. A practical guide...

May 29, 2024 8 min read
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