Harvard Business

JUNE 28, 2016

Also, as we explained in an earlier article , we believe that being an established CEO of a small firm involves much less angst than being a senior member of a consulting, investment banking, or private equity firm. This leaves us only with the cash flows that occur between the purchase and the eventual sale.

Small Business 71

Small Business Cash Flow Consulting Banking 71

Tom Spencer

MAY 25, 2019

There are a couple of reasons for this: Asset managers can see cash flow and earnings fluctuate wildly with markets. For alternative asset managers such as hedge funds, their cash flows may be cut by more than half as profits fall and they collect a smaller fee from their profit participation agreements.

Cash Flow 60

Cash Flow Management Metrics Benchmarking 60

Tom Spencer

FEBRUARY 28, 2021

Many management consultants hardly complete two or three years in their jobs before they realize that there’s more to life than consulting. Some consultants leave for personal reasons, because they want to start a family or spend more time with their loved ones. Interviews. Corporate Strategy. What is corporate strategy?

Interviews 68

Interviews Case Interview Strategy& Strategy 68

Martinka Consulting

JULY 22, 2020

From June 4-10 Jessica and I interviewed bankers representing eight Puget Sound area banks.* This memo is a synopsis of those conversations about what’s going on in banking during the COVID crisis, with a focus on business acquisition loans. First, all the banks are, “Open for business” meaning they are considering making loans.

Banking 40

Banking Cash Flow Analysis Interviews 40

Women in Consulting

AUGUST 28, 2014

Bill.com – Bill.com gives you command and control over your cash flow, payables, and receivables anywhere, anytime. It invoices your customers, pays the bills on your schedule, banks your deposits and even syncs everything with your accounting program, freeing your time – and your mind – to grow your business.

Travel 78

Travel Cash Flow Software Tools 78

Tom Spencer

OCTOBER 15, 2021

There is an increasing demand for cashless transactions worldwide, with more than 750 billion non-cash transactions carried out in 2020. Conclusion. The onus is on online bookmakers and sports betting operators to incorporate 5G technology into business strategy in order to improve their services and make sports betting more enjoyable.

Sports 78

Sports Wireless Cash Flow Tools 78

Martinka Consulting

NOVEMBER 8, 2014

I represent a lot of business buyers and often I hear something like the following, “I won’t pay more than X times cash flow” (or profit, or EBITDA – pick your term). Bank debt = $4,000,000. ” The above examples have the bank lending either 4X FCF or 3.2X ” That was then, this is now.

Cash Flow 40

Cash Flow Banking Groups Examples 40

Martinka Consulting

OCTOBER 3, 2013

Pre-Great Recession - banks competed for business acquisition loans and I remember one client’s summary that had eight banks, eight approvals, seven banks using the SBA loan guarantee program (called SBA loans from now on) and my client took the non-SBA offer. Buyers, banks and especially sellers! Who benefits?

Cash Flow 40

Cash Flow Banking Finance Government 40

Martinka Consulting

JULY 2, 2015

Banks factor in a salary figure before they determine cash flow for debt coverage. The post Fraud or Just Marketing appeared first on Martinka Consulting. The bottom line is someone has to run the company and whether it’s the owner or a hired gun they deserve to be paid a fair market salary for that work. Bob Marley.

Marketing 40

Marketing Cash Flow Insurance Insurance 40

Martinka Consulting

JANUARY 23, 2019

The owner worries about cash flow and the employees wonder about bonuses and raises. Buyers and now banks want to look at multi-year averages. The post appeared first on Martinka Consulting. The same amount of money is coming in and there are different perspectives about where it should go as it goes out.

Cash Flow 8

Cash Flow Sports Fashion Journal 8

Martinka Consulting

MARCH 7, 2015

Now what adds some sanity to this are the banks. I expect to sell my business for 6X total cash flow (profit or EBITDA plus owner salary). And speaking of banks, back to our sanity test. Banks are in business to be paid back and they have certain rules they must follow. Most banks minimum is 1.25:1

Small Business 40

Small Business Cash Flow Banking Sales 40

Martinka Consulting

DECEMBER 11, 2015

On November 17, 2015 we held our eighth Getting the Deal Done Breakfast Conference at the Bellevue Club (with co-sponsors PRK Law, Meridian Capital, Columbia Bank, Bashey Hutchinson & Walter, CPAs, and “Partner” On-Call/Martinka Consulting). The post Getting the Deal Done recap appeared first on Martinka Consulting.

Cash Flow 40

Cash Flow Conference Travel Financial 40

Martinka Consulting

APRIL 21, 2015

In the past I’ve written about how low interest rates and bank using the SBA guarantee program and its low down payment requirements plus a 10-year amortization have caused buyers to pay more for businesses than they would have years ago (because their payments are the same or less). Many banks will go as low as 1.25:1

Cash Flow 40

Cash Flow Benchmarking Banking Sales 40

Martinka Consulting

MARCH 30, 2020

If cash is tight, let them know, work out payment plans, and above all, don’t be silent about it. Work with your bank , especially if you have a term loan and cash flow issues. The post Small Business Survival Tips During COVID-19 appeared first on Martinka Consulting. Communicate with your suppliers.

Small Business 40

Small Business Balance Sheet Cash Flow Banking 40

Harvard Business

JULY 20, 2016

Sumeet Goel, who founded HighPoint Associates , a professional advisory firm that staffs independent consultants at companies ranging from midsize ones to the Fortune 500, agrees that many freelancers often happen into it: “I’d say 90% go down this path because of circumstance. Principles to Remember.

How To 70

How To Case Study Case Studies Case Interview 70

Martinka Consulting

JUNE 3, 2017

I like their line, “If you’re merely keeping the lights on, then you have a boss: the bank.” You trade your capital for immediate cash flow, i.e. you get a paycheck on payday just like everybody else. The post Forget Startups – Buy a Business appeared first on Martinka Consulting.

Cash Flow 40

Cash Flow Small Business System Finance 40

Martinka Consulting

APRIL 26, 2019

Sixty percent of them delayed their exit by at least two years, as per a study by Sun Trust Bank. But it’s the current SBA loan program that’s a win-win-win for buyer, seller, and bank (the SBA doesn’t make loans they guarantee a large portion to the bank). And guess what? Most of those owners planning to sell had to delay it.

Marketing 40

Marketing PricewaterhouseCoopers Cash Flow Banking 40

Martinka Consulting

JUNE 18, 2021

You must use free cash flow to truly calculate ROI. Financial diligence – we agree a Quality of Earnings report is not usually necessary for small business deals (those that fit in the SBA loan range) but you must get a “proof of cash” from a CPA firm. Trust but verify” as President Reagan said.

ROI 40

ROI Cash Flow Small Business Financial 40

Martinka Consulting

OCTOBER 27, 2017

In the Discounted Future Cash Flow method profits are projected (same as the first issue) and discounted back to a present value. For reference, a check of major bank PE ratios shows they are at about 15). The post Business Valuation Lessons From ESOPs appeared first on Martinka Consulting. Conclusion.

ROI 40

ROI Cash Flow Methodologies Small Business 40

Martinka Consulting

MARCH 5, 2021

Business sellers please make it easy on your buyer, the bank, and your intermediary. Your accountant or CFO can help and depending on the size of the deal you may want a quality of earnings report, which is a fancy name for a mini-audit and proof of cash (flow). Show profit, no matter what your CPA says.

Balance Sheet 40

Balance Sheet Cash Flow Financial Education 40

Asamby Consulting

FEBRUARY 1, 2023

Work with contractors To get over that initial cash-flow issue, it can make sense to rely on contractors instead of employees. Build some cash reserves If you intend to grow your service-based business by bringing on employees, you'll need some runway for that. It's chasing your own tail.

How To 52

How To Cash Flow Talent Training 52

Martinka Consulting

NOVEMBER 4, 2014

For PE firms, cash flow, EBITDA, and low cap ex are very important.” Cash flow – one of my rules for both business buyers and sellers is, “Cash (and cash flow) is King.” ” Small businesses need timely cash flow. It’s like, “Well duh!”

Cash Flow 40

Cash Flow Small Business Software Banking 40

MishTalk

AUGUST 7, 2013

With little or no bank lending growth, decelerating wage growth, and trend growth of real GDP per capita at 0% to negative implies the 3- and 5-year change rates of US M2+ will decelerate from 2-3% to 0-1% in the next 5-6 years as occurred during the early to late 00s in Japan. Consult your. Abolish The Fed Sign the Petition.

Balance Sheet 73

Balance Sheet Marketing Real Estate Financial 73

Martinka Consulting

MAY 28, 2021

Last year it was Deutche Bank and Trump. These large banks seem to have forgotten the Five C’s of banking (capacity, character, capital, collateral, and conditions). A sixth C could be added, check (and double-check) as Credit Suisse “admitted” they didn’t know Archegos was also borrowing (to the hilt) with other banks.

Banking 40

Banking Cash Flow Small Business Journal 40

Martinka Consulting

OCTOBER 7, 2020

Why didn’t the bank(s) verify? They can’t inflate their real estate assets because banks will get an appraisal. Cash flow is, however, the tricky one. Small business accounting tends to make cash flow a moving target anyway and a lot of owners “manage by checkbook.” Why did this need to (supposedly) happen?

Real Estate 40

Real Estate Cash Flow Banking Resumes 40