Atlantic Business Magazine explores the life cycle of a small business with the help of Richard Niedermayer, TEP

In the September issue of Atlantic Business Magazine, Halifax partner Richard Niedermayer, TEP, spoke with author Sarah Sawler about what small business owners should expect when starting off.

This piece outlines the main stages of a small business: concept, launch, operating mode, succession and what’s next. Richard notes that it’s important to speak with legal and financial advisors often, as they can assist with each stage of the process. “If you’re expanding in a way that requires you to buy another building or buy another business – maybe you’re buying a competitor’s business, obviously those are transactions that are going to require some accounting and tax but also some legal assistance,” says Richard.