
Insights
Videos, articles, & advice from Kirk and his network, to help successful founders find better outcomes.
Guiding Your Sale: Structure & Non-Cash Payments
Turn the tables on buyers views on these terms by making sure they know that you have plenty of belief in the future of your company but maybe you're not willing to let your net worth depend on their ability to run it!
Navigating Change: Seller Expectations
Founders who are thinking about selling their business need to be aware of their own expectations.
What the Heck is EBITDA?!
EBITDA (pronounced E-BIT-DUH)… Here's a quick primer on understanding why this arcane accounting terms captures the transferrable economics of a business.
Add Backs for Adjusted EBITDA
If you're a founder contemplating the sale of your business, or you just want to better understand the process, the term "Adjusted EBITDA" will come up. A lot. And while the trip from Net Income to EBITDA is basic accounting arithmetic, get to that "Adjusted" number is a bit more art than science...here's a few tips.
Does Buyer Quality of Earnings Analysis Always Work Against Sellers?
If you're a founder selling your business, and your buyer wants to have a Quality of Earnings analysis performed on your financials, strap in and prepare yourself for an invasive and potentially frustrating process. To navigate it well and keep your deal on track, here's a few key tips.
Beware the Working Capital Adjustment
If you're a founder selling or contemplating the sale of a manufacturing business, this information might save you $ millions and more importantly, save your deal. This is one pesky accounting term that should be defined (maybe even with attachments) in your LOI and Purchase Agreement.
Getting Penalized for Great Results During the Pandemic
Many Sellers are finding that buyers, whether strategic or financial, are discounting exceptional 2020 results as fluke or non-repeatable because of consumer behavior in the new normal. But there's a cure for this 'EBITDAC Adjustment' and we can help!
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- Business Assets 2
- Business Broker 1
- Business Buyer Types 5
- EBITDA 13
- Employees 1
- Exit Strategy 25
- Exit planning 24
- Founder to Employee 4
- Guest Podcast 3
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- Independent Sponsor 6
- Investment Banker 16
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- Mergers & Acquisitions 45
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- Private Equity 35
- Recurring Revenue 3
- SPACS 4
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- Selling Your Business 168
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- Transition Planning 1
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