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#Finterms: Recession Defined: What is it and what does it mean?

Simply stated, a recession is defined as a significant, widespread, and prolonged downturn in economic activity.

#Finterms: What Do You Need a Business Valuation For?

A business valuation has many applications, including serving as support for various financial and estate planning initiatives to strategic decision making. Very often, formal business valuations (also referred to as appraisals) are used as supporting IRS documentation when someone transfers or gifts assets to another party.

#Finterms: What is the Difference Between a Business Broker and an M&A Advisor?

A business broker and M&A advisor are two professional service providers that can assist a business owner in selling their business. Both can be great resources to their clients, but there are differences in their respective approaches.

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Wealth Management Services are offered through Baldwin & Clarke Advisory Services, LLC (BCAS). BCAS is a Registered Investment Adviser with the United States Securities and Exchange Commission (SEC). BCAS’ Form CRS and other disclosure documents can be found here. The information in this website has not been approved or verified by the SEC, or by any state securities authority. Additional information about BCAS is available on the SEC’s website at: www.adviserinfo.sec.gov, using CRD #105666.

Registration does not imply a certain level of skill or training.

Categories

#Finterms: Recession Defined: What is it and what does it mean?

#Finterms: What Do You Need a Business Valuation For?

#Finterms: What is the Difference Between a Business Broker and an M&A Advisor?