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Reasons for a business valuation run a gamut from selling the business due to retirement or health reasons to financing expansion efforts to adding shareholders to a buyout situation. Strohl, CPA and founder of Protax Consulting, a firm that offers tax services to expatriate Americans , “everyone wants to live someplace warm and beautiful.”
And self-financing puts the emphasis on business credit. It’s important to realize that a sole proprietor can’t apply for a business loan or business credit; sole proprietors can only get personal loans, whether they need that money to hire a softwaredeveloper or buy a new car for personal use.
In today’s world, one of the bottlenecks we have to innovation is the lack of softwaredevelopment talent. I’d bet anything that fewer students that participate in hackNY —will wind up in finance jobs relative to their computer science peers who just follow existing recruiting tracks. So where to start?
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