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Business / Corporate

Monday, June 10, 2019

5 Tips to Maximize Profit When Selling Your Business


Selling a business requires careful planning. You may feel as if you have countless responsibilities which do not only include ensuring the sale takes place but also to get the best possible price for your business. Knowing why you are selling, when to sell, and for how much is critical.


Did you know, however, that there are additional things to consider? For example, planning sales and marketing push once you have developed an exit strategy could make your company much more attractive to buyers. You also want to know your market, your competition, and other location demographic information before you get started with the process.
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Tuesday, April 9, 2019

Tips on Deciding Whether a C Corporate Set Up is Right For You


Once you have an idea for a business, there are many important steps to take before you can officially open your doors. Deciding which type of corporate set up is right for you is one of the first, and perhaps most important, steps.  


The Internal Revenue Code allows for two different levels of corporate tax treatment. Subchapters C and S of the code define the rules for applying corporate taxes. Subchapter C corporations include most large, publicly-held businesses.
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Friday, March 29, 2019

Things to Consider When Choosing to Form an S Corporation


Do you have a creative idea for a business? Do you have a skill that you know residents in your community need? Unfortunately, there can be many hurdles to overcome before your doors open. 

If you are planning on starting a business, one of the first factors to consider is what type of corporation you plan on creating. The Internal Revenue Code allows for two different levels of corporate tax treatment. Subchapters C and S of the code define the rules for applying corporate taxes. An S Corporation is a popular type of corporation where the owner elects to be taxed as a flow-through entity by the Internal Revenue Service (IRS) and can have many benefits as a business owner.

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Wednesday, February 24, 2016

Welcome to the Reginald A. Rhodes, P.C. Blog

Estate Planning and why it is a must...

What Is Estate Planning?

This is a question everyone should be asking themselves, yet unfortunately many don't and it is a sad situation when someone passes away without one.  Death is something that is not a matter of "if" this happens, but "when" this happens.


Read more . . .




Reginald A. Rhodes, JD, LL.M. has an office in Dothan, AL and serves clients nationwide.



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