One of the most important parts of a business is managing cash flow. Over the last year, we have spoken with many business owners who have trouble managing this. It is one of the leading causes of failure for a business. Now more than ever, this is the #1 priority of...
Once you find a business you want to buy, it is important to have adequate financing in place to start your venture. Many opportunities fall through because there is not enough funding and/or the deal takes too long to close. Below are several options for financing a...
How can you measure the success of your business? Financial ratios can objectively tell you the story of your business. Learning how to analyze your financial statements and calculate financial ratios comes first. There are a variety of financial ratios to consider...
Valuation multiples are most commonly known as market multiples. Market multiples are ratios comparing one financial metric (i.e. Share price) to another financial metric (i.e. Earnings per Share). Valuation analysts use multiples as financial measurement tools to...
Whether you are just starting your business or have been in the thick of it for decades, it is never too late to begin positioning your business to sell. We often speak with business owners who are ready to retire but haven’t planned an exit strategy. On the other...
In a standard business valuation, an analyst makes adjustments to the company’s financial statements to better reflect economic reality. This process is normalization. Items that are unique to the current business or non-recurring are adjusted. Normalized financial...
