And speaking of maximising your business' sale price, our DOS Program records your Discretionary, One-off and Steinhardt transactions paid, or made, during each year. On any day you may spend money thereby reducing your business' Net Profit, when that expenditure isn't really needed for the successful and profitable operation of your business.
Sometimes it's a perk, it may involve travel, or additional superannuation contributions, or an additional car for a son or daughter at University. And sometimes it's a tax planning measure.
Of course legal fees paid on leasing new business premises isn't a recurring payment so why let that sit as an expense when it isn't incurred every year?
And occasionally we at Steinhardt make intentional adjustments at year-end which reduce your business' Net Profit.
These Discretionary, One-off and Steinhardt transactions need to be added-back to each year's Net Profit in order to present the highest possible earnings for your business. If we do that your future sale price is maximised, your financial cares are lessened and your superannuation policy is as fat as it can possibly be.
So our DOS Program captures this information while it is fresh in our minds and so that we have a fully accurate listing, year by year, of each of these DOS transactions. (Until IBM or Microsoft ask me, nicely, to stop we call this our DOS Program.)
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