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Tag: Business Valuation

Manufacturers: Is Your Buy-Sell Agreement up to Date?

Posted on March 29, 2022March 30, 2022 by Barnes Wendling CPAs
Manufacturers: Is Your Buy-Sell Agreement up to Date?

A buy-sell agreement is a critical tool for owners of closely held manufacturing companies. It ensures an orderly ownership and management transition when an owner dies, becomes disabled, or otherwise leaves the company. And it creates a…

Posted in BlogTagged business owner, Business Valuation, Buy Sell Agreement, Exit Planning, Manufacturing

Why Business Valuation Methodology Matters

Posted on January 26, 2021 by Barnes Wendling CPAs
Why Business Valuation Methodology Matters

When it comes to business valuation, the methodology used to reach a valuation matters. The value of a tire manufacturer that has been in business for 70 years, with national distribution and a stable customer base, should…

Posted in BlogTagged Business Valuation

COVID-19 Impact on Business Valuations

Posted on December 21, 2020December 21, 2020 by Barnes Wendling CPAs
COVID-19 Impact on Business Valuations

Timing and Methodology Matters with a Business Valuation Like nearly every other area of business, COVID-19 has impacted business valuations as some American companies have seen revenues plunge and future projections become uncertain. For business owners seeking…

Posted in BlogTagged Business, Business Valuation, Exit Planning, Family Business

Barnes Wendling adds Business Valuation Director Steven Piatak to their Team of 13 Directors

Posted on September 24, 2020October 19, 2020 by Barnes Wendling CPAs
Barnes Wendling adds Business Valuation Director Steven Piatak to their Team of 13 Directors

Cleveland, Ohio: Barnes Wendling CPAs is proud to announce team member Steven Piatak, CPA, CFF, CFE has been promoted to director. He joins Barnes Wendling CPAs’ team of 13 directors. Piatak started with Barnes Wendling CPAs in…

Posted in News + PressTagged Business Valuation

EPISODE 6- PART 2: Is this the time to buy or sell a business in the COVID-19 Era?

Posted on August 19, 2020August 19, 2020 by Barnes Wendling CPAs
EPISODE 6- PART 2: Is this the time to buy or sell a business in the COVID-19 Era?

Selling your business can come with a lot of uncertainties  In this Part 2 series we will further discuss if this is the right time to sell your business. Key items discussed:  Basics of Business Worth and…

Posted in PodcastTagged Business, business transaction, Business Valuation, COVID-19

Is an ESOP a Smart Decision for Your Business?

Posted on January 20, 2022February 15, 2022 by Barnes Wendling CPAs
Is an ESOP a Smart Decision for Your Business?

We originally published this article in 2018 but thought it relevant to re-share. We updated data for 2022. ESOP Overview An Employee Stock Ownership Plan (ESOP) is an employee benefit plan that offers advantages to business owners…

Posted in BlogTagged business owner, Business Valuation, C Corporation, ESOP, S Corportation, Succession Planning

Four Ways Benchmarking and Financial Ratio Analysis Can Help Your Business

Posted on February 25, 2022February 25, 2022 by Barnes Wendling CPAs

We’ve repurposed and updated this article, originally published August 6, 2015. How is your business doing? “Good,” you say? But is your business really doing well? If you’re basing your response on a feeling instead of tangible measurements, you…

Posted in BlogTagged Benchmarking, Business Valuation, Estate Plan, Succession Plan, tax

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Featured Client Testimonials

Barnes Wendling has provided us guidance and recommendations that have strategically helped strengthen our business and position ourselves for growth. We needed to hire a new VP of Finance and Controller this past year, and they were instrumental in helping us find the best candidates for our company.

Sara Blankenship - President, Kaufman Container

Featured Client Testimonials

We value the trust, accuracy of information, and reliability of Barnes Wendling and Mike Essenmacher personally. Mike has been instrumental as a trusted advisor on accounting, tax, and personnel issues. His advice is always accurate, and he is very reliable. His associates are also very talented.

Dominic Ozanne - President and CEO, Ozanne Construction Company

Featured Client Testimonials

We value Barnes Wendling’s expertise with all things accounting so we can operate our business using our strengths and allowing them to be our experts. They have also brought me a few business sale opportunities to allow me to grow my assets.

John Gaydosh - President and Metallurgical Engineer, Ohio Metallurgical Service

Featured Client Testimonials

Barnes Wendling (especially Lena) did a great job with our financials. Everything. It is extremely refreshing and comforting to know that all of our numbers are not only correct, but they are in the right place(s). Your diligence and reporting truly does make me (personally) feel better.

Thomas Adomaitis - Controller, Bialosky Cleveland

Featured Client Testimonials

I can wholeheartedly tell you that I have yet to work with an audit or tax team that have been more helpful, easy to work with, and committed than the team at Barnes Wendling- I have been through three different firms in the last few years.

Michelle Saylor, Former Controller, Aero Mag

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Featured Client Testimonials

Floyd Trouten at Barnes Wendling CPAs is an “expert’s expert” when it comes to M & A accounting. Not only does he understand the evolving details of the Tax Code but he also sees the fine points of their application for owners, managers, investors, and financiers.

Mark A. Filippell, Western Reserve Partners

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Featured Client Testimonials

The service is amazing at Barnes Wendling CPAs. The benefit is worth more than the cost. Sometimes it’s true that you get what you pay for.

Mark Boucher - Former Owner, Castle Heating & Air

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Featured Client Testimonials

Floyd and Barnes Wendling CPAs always provide us with peace of mind. Floyd is not only our trusted financial advisor, but we trust him like family. The Barnes Wendling CPAs team is always proactive and meet all of our deadlines. We are very grateful for them.

Trish Gleason, OMCO Holdings & Gleason Family Office

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Featured Client Testimonials

Our heartfelt thanks to the Barnes Wendling CPAs team for all you do for us, such as your remarkable responsiveness, timeliness in meeting deadlines, and being such a pleasure to work with!

Karyn Davies Mitchell, CareMetx

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Featured Client Testimonials

The quality of your staff on our audit was excellent. I couldn’t ask for a more knowledgeable team with end-result focus.

Brian Spitz, American Tank and Fabricating Company

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Featured Client Testimonials

Barnes Wendling takes a holistic, comprehensive approach that helps ensure we are looking ahead to the future. By keeping us up to date on relevant law and regulation changes, we can focus on running our business rather than burying ourselves in tax law. All of this is well communicated, which is the key to any relationship.

Joe Gramc - CFO, Five Star Trucking

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Featured Client Testimonials

The valuation team at Barnes Wendling CPAs has provided us with consistently excellent service over the last ten years. We have been impressed with their expertise on business valuations, fairness opinions, and Topic 805 engagements.

Ric Hughes - CFO, AKSM

Featured Post

3.25.2021 | Post

Tax Incentive Helps Employers Assist Workers with Student Loan Repayments

Kimberly A. Scott

Latest Updates

  • Barnes Wendling CPAs Wins Northeast Ohio Top Workplace 2022 Award
  • 2022 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • If Your Manufacturing Company Is Considered “Small,” It May Be Eligible for Tax Benefits

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