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Main article: Wallace Associates Tax and Accounting Services

Buying and Selling a Business – Wallace Associates Review

Buying or selling a business is apparently not a simple matter because it should involve meticulous thinking to avoid a fiasco. Wallace Associates understands the challenge included in this endeavor and in order to help individuals and businesses in making the right decision, they provided some important pointers in the following paragraphs.

You can develop your own strategy. Even though entering a new venture includes risks, you can still do well if you have good experience and knowledge. There's danger involved in not having enough expertise, and that is your business might close within a year or two. By using the available technology these days, small businesses could thrive in their endeavor. If you desire to open a small business, it is enough to build your own plan where you can also take into account the suggestions of your business friends.

Finding a business similar to your own also helps. If you currently own a small grocery store and you want to enter franchising, you may be able to handle it properly since buying a franchise of a popular fast-food restaurant, for example, requires good experience in doing business. You can also ask the help of individuals who already have a great background in that business to avoid fraud. Good location, potential market and the right source of materials and manpower are crucial in making franchises work. Once you place in the money, the franchise can run itself for you despite having minimal supervision. If you have a booming business, then you can open new branches or outlets of it in different areas.

Once you have a partner that has trustworthy experience in the business, then you can have the advantage because one of the safest and surest options considered by many business people is entering a partnership. You can obtain further details on this by contacting Wallace Associates.

Hiring a consultant is also preferred by many business owners. With their guidance, you can minimize the errors and chances of failure because of their capability in handling the planning, along with the accounting and tax concerns of your business. Consultants can also perform proper audits or research for you. It is usually considered a wise investment to trust an expert in doing such complicated tasks. Hiring a consultant that has a good expertise in the specific industry you want to enter and has the right network could lead you to success.

Selling your business is a different story because you should have ample knowledge in running a successful business to determine if your business will get a high price in the market in case you want to sell it. Whether you decide to sell your business or buy one, Wallace Associates can guide you in anything you need. Your accounting and tax requirements are in safe hands with their consultants.


Hanna oct 19 16, 03:41
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Wallace Associates Tax and Accounting Services

Complete Tax & Accounting Services

Tax Services

Filing your taxes is quick and easy with help from Wallace Associates. We are tax experts who provide tax planning, preparation, and filing services for individuals, corporations, partnerships, and other business entities.

Accounting & Bookkeeping

Leave your accounting and bookkeeping to the professionals. We save you time and money by keeping your books in perfect order so you can focus on running your business.

Financial Consulting

Take your business to the next level with financial consulting services from Wallace Associates. Our experienced professionals will help you to identify lucrative avenues for growth.

 

About Wallace Associates

Wallace Associates is a tax and accounting firm in Moorestown, New Jersey. Since 1970, we've been helping businesses and individuals take control of their finances while saving time and money. Our team has the advanced training, technical expertise, and financial acumen to deliver top-notch services every time. We continually invest time and resources in continuing education and state-of-the-art computer technology in order to better serve our clients. Since our firm is relatively small, our clients benefit from personalized, high-quality service that is tailored to your needs.

Wallace Associates is a service-oriented company with reasonable fees and personalized service. If you have an issue, just contact us and we will address it immediately. We are members of the National Society of Public Accountants and the New Jersey Business Association. We are also enrolled agents and can practice before the IRS. In 2000, the Burlington County Times recognized us as the Best Accountants in Burlington County.

Mission Statement

We keep our clients from being audited, and we want to save them as much money as possible.

 

Contact us for a free phone consultation.

Contact

Thank you for your interest. For questions or comments, please use the information listed here. We look forward to hearing from you soon.

Phone

(856) 533-0322

Fax

(856)-439-1667

Hours of Operation

Monday - Friday: 9:00 a.m. - 5:00 p.m.

Tax Season Hours (January 20th - April 15th):

Monday - Saturday, 9:00 a.m. - 8:00 p.m.

Address

175 W Route 38, Moorestown, NJ 08057

Service Area

Moorestown, South New Jersey, The Philadelphia Area, and Nationwide


Hanna sep 23 16, 06:33
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