It is true that tariff policies have made things volatile…on and off again…different carve outs…different countries…phone calls that change things. All of this clearly has had an impact on the markets. I’m not surprised to see stock market volatility. However, it isn’t all about tariffs. Many major models of the overall stock market valuation show… Continue reading Tarriff Policies
Cash flow normalization is done with the intention of identifying Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) or Seller’s Discretionary Earnings (SDE). These differing measures are not interchangeable but are used by different classes of buyers for different categories of acquisition. Free cash flow is an important measure when calculating the value and price for any business. It is the amount theoretically available for servicing acquisition debt, working capital, return on investment for any cash outlay in the acquisition, and future expansion.
Passing a family business to the next generation often brings emotional and relational challenges. Balancing personal relationships with professional responsibilities requires tact, clear communication, and often, external support. Common Challenges Conflicting Expectations: Different family members may have varying visions for the business’s future. Role Clarity: Undefined roles can lead to confusion and resentment. Emotional Attachments:… Continue reading Navigating Family Dynamics in Business Succession
Buying a business can be a complicated process, especially for a first-time business owner. Entrepreneurship through acquisition has become increasingly popular. Here are some insights to assist buyers in negotiating a fair price. 1. Add-backs Seller add-backs for personal or discretionary spending is a murky area. Some add backs make sense and others do not. … Continue reading Top 3 Tips for Small Business Buyers
Do you have a proper business exit plan?
FPA Owner Transitions 