While famed business management consultant Peter Drucker (a la the Drucker Institute), once said, “If you can’t measure it, you can’t improve it,” the challenge in 2021 is not a lack of metrics and data, but the overwhelming volume of them. Whether it is the influx of voluminous and complex business data from advanced IT […]
Business Owner Tools
Financial Forecasting & Modeling – What They Are & Why Use Them
Wouldn’t it be nice to be able to predict the future? As a business owner or operations manager, being able to predict what will happen in the economy, within your industry sector and your company next quarter or next year would clearly be an advantage. While crystal balls don’t exist, forward-looking financial models can help […]
EBITDA: What it is – Why it’s good – What it doesn’t do
Historically, investors evaluating an M&A transaction analyze basic company metrics such as revenues, cash flow, and net income with a variety of financial tools to determine its financial health and value. Another analysis tool (EBITDA) has gained prominence since the 1980’s. It is now even reported on some company’s financials. Critics have arisen of this […]
Potential 2021 Middle-Market Impact of Biden-Harris Administration
Now that the 2020 Election is officially over, and even as the Trump administration has not conceded and continues to pursue legal challenges, the Biden/Harris team has officially initiated the transition process as it for the inauguration. That being said, it seems prudent to begin contemplating how a potential Biden administration’s economic policies will impact […]
Is It Worth Hiring a Professional M&A Advisory Firm When Selling Your Business?
Few opportunities in the life of your business exist to either create or lose as much wealth as an M&A transaction. While the market contains a significant level of uncertainty and there are always unexpected factors to navigate, opportunities for business owners to sell their companies at a favorable valuation continue to exist. Deals are […]
