Daily Archives: February 9, 2018

What to Consider when Choosing a Concrete Resurfacing System

Man ready to work on the concrete resurfacing systemWhen it comes to resurfacing your concrete floor, the weight performance of the surface is more important than its appearance. But there is no need to get a system that does not appeal to your eye.

When it comes to using concrete sealing products, some of the things you need to do to get a resurfacing system that will strike a balance between the appearance and the strength of the system include the following:

Condition of the Existing Surface

Are there cracks in the concrete or is the surface not level? You need an overlay that is self-levelling and of greater depth. If the surface imperfections are minimal, Form Direct recommends using a thin overlay. The moisture content of the concrete could also affect the state of the overlay system. A permeable overlay system is essential to allow excess moisture to escape.

Cost of Installation

If you are using stencils and other decorative engravings to draw patterns on the surface of the concrete, then your installation cost will be high. The value can likewise increase when you apply colouring on the surface and use different colouring methods.

Maintenance

Typically, floors require a little sweeping and mild cleaning to keep looking clean and new. An overlay with a decorative look needs extra protection from water, dirt and stains using different types of concrete sealer. The sealer makes it easy to clean the surfaces. You may likewise need to reseal your floor after a year of used to ensure that the surface always looks elegant.

The main reason for getting an overlay system is to enhance the look of your concrete. First, determine what you need in an overlay: the colour, texture or pattern. Look for a product that will help make your project a success. But always contact a reputable overlay supplier of materials and an experienced installer to ensure a quality overlay system.

Should You Keep Your Property When You Sell Your Business?

A property being soldThese are some of the questions that business owners ask if they plan to exit their business in Utah. At the same time, they need to deal with the prospect of selling their property or company premises.

Is this year a good time to sell my business in Provo? How will the corporate tax cuts affect a possible company sale in Salt Lake City? You need to get answers to these questions, so you can make an informed decision.

Advantage of Selling

The advantages of a simultaneous sale of your business and company property include more liquidity on your investment portfolio. You would have more funding sources to pay off your urgent financial obligations to business partners and creditors.

If your business premises only serve a particular function, such as for manufacturing purposes, then you should consider selling it along with your company within a specific timeframe. While the U.S. government reduced the corporate tax rate, you should still expect some tax implications of an outright sale.

Financial Requirements

Small businesses should take note that it takes between six and nine months on average to complete a sale. Before you look for a buyer, you should have an organized set of bookkeeping or accounting records. Some buyers may ask for forecast growth estimates within five years, so consider doing that as well.

Capital gains tax, if there is any, will depend on how long you have been the business owner. You may pay a 15% tax if you have the ownership for more than a year. In other cases, it could go as high as 20% if you are in the highest tax bracket.

Business owners must think twice and consult a professional adviser about their plan to sell their company and property, as the pros and cons of selling will both depend on your case.