New FASB Leasing Rules May Negatively Impact Business Value
CFO Weekly reports on new FASB requirements for reporting leases on business balance sheets for the first time. The reporting of leases will increase the shown liabilities on your balance sheet. In some cases it may make buying assets a better option. These upcoming reporting requirements can adversely affect your bottom line. Consult a valuation expert now to help you understand the potential impact this could have when you choose to sell your business.
Harvest Business Advisors provides exit and succession planning, business brokerage, and business valuation from main offices in Columbia, Maryland and Princeton, New Jersey. Call or email today if you are curious as to what you should do to minimize the impact of these upcoming changes on your business. Click here.