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The Importance of Accurate Financial Reporting
The importance of accurate financial reporting In order to run a business, owners need to have reports available to them to make informed operating decisions. Most of my clients – and undoubtedly your clients, too – are busy running their businesses, so they neither have the time nor the skills
The Next Chapter in Your Business Story
Raising a business is akin to raising a family. From the spark of an idea to the grand opening; you experience every emotion imaginable. Extreme happiness from successes to heartbreak endured through mistakes. Much like parenthood, no one is immune to the effects of entrepreneurship; the good, the bad, or
What is EBITDA? And Why is it Important when Selling your Private Business.
EBITDA is one of the most commonly used methods to value a private, middle-market business. EBITDA is Earnings Before Interest, Taxes, Depreciation, and Amortization. It approximates free cash flow which is the ultimate value driver for a business. “Adjusted” EBITDA is a very common variation used to determine value, especially in privately held companies. Adjusted EBITDA strives