What Are the Dangers of Add Backs?
An “add-back” is an expense credited to a business’s reported profit to show a more accurate picture of what a buyer could earn.
An “add-back” is an expense credited to a business’s reported profit to show a more accurate picture of what a buyer could earn.
One of the things we always want to speak more about is what happens after a sale. Is there a happy ending? What’s the sequel?
A rising interest rate environment can often lead to more seller financing in the marketplace. Banks look at cash flow, working capital, owner salary, and debt service.
Over the years, we have learned about qualities that matter in buyers that sellers should be on the lookout for.
A Confidential Information Memorandum is a detailed document that confidentially presents a firm’s operations, financial performance, market position, and growth potential to qualified buyers.
A key part of a business transaction that buyers need to know from the outset is the emotional gap between them and potential sellers.