A founder asked me why we often use a term only a CPA could love as THE metric for deals, and why one of the great investors of our time, Charlie Munger calls that 'Bullsh*t Earnings'. Here's our view of why he's not wrong and why deal pros should keep using that measure anyway.
6 Secrets to Selling Your Business
In the financial landscape, two key metrics often stand at the forefront of business valuation and analysis: EBIT (Earnings Before Interest and Taxes) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
Are you the sole or primary owner of an S-Corp. or LLC? Thinking you don't have a cap table or don't even know the term? Here's a critical heads-up going into a sale -- you have to prove it with documentation.
When navigating the complex world of business sales and acquisitions, understanding the distinction between a stock purchase and an asset purchase is crucial.
Thinking of selling your business and wondering how you'll be taxed? While we're not accountants we've done a lot of deals and seen plenty of good (and bad!) planning.
How businesses can be sold through innovative debt structures.
By understanding the implications of debt on the sale process, sellers can navigate negotiations more effectively and maximize the value of their businesses.
