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
Explore how technology enhances due diligence in M&A, from secure virtual data rooms to AI-powered document review, streamlining business sales and boosting transaction transparency.
Learn how to prepare for commercial due diligence when selling your business. Discover what buyers look for in operations, key relationships, and risk factors to ensure a smooth sale
Preparing for due diligence is crucial when getting ready to sell a business.
It’s important to understand how private equity firms approach these deals. Most use leverage—borrowed money—to fund their acquisitions, which can impact both the sale and your financial future.
Learn why expensive valuation firms and public company comparisons may not provide an accurate estimate for your company, and discover how to consult with market participants like investment bankers and business brokers to get a realistic valuation.
Learn whether a financial audit is necessary when selling your business and explore alternatives like quality of earnings reports.
