Can I show different financial numbers to buyers than what I report to the IRS?
No. You cannot have it both ways—reporting lower income to the IRS while claiming higher revenues and profits to potential buyers. This approach severely limits your sale price and credibility. Buyers and banks need to trust your numbers, and if they don't have faith in your financials, the deal won't happen. Business Network of Ohio typically won't take on clients who aren't reporting income properly.