Based on any number of metrics, we are living in unprecedented times. Within the last year, the US stock markets witnessed new all-time highs, followed by a 35% sell off, followed by the fastest return ever to new all-time highs. Talk about a rollercoaster! In April 2020, we also saw more than 23 million workers […]
Finances
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 […]