Objectives Why is it important for an SME owner to get a grip on their cash flows through forecasting? What are the common definitions of cash flow? What is forecasting and how can it help an SME owner? Why Get A Grip on Cash Flows?… Read More »Get a Grip on Your Cash Flows
In early January, the American Mergers & Acquisitions Association (“AM&AA”) issued the M&A Access 2021 Q1 Report. The AM&AA is an organization that focuses on the Middle Market. I’ve summarize the key findings below and provided my overall final thoughts at the end. Overview While… Read More »Grow Your Business With an Exit In Mind
Key Takeaways The 2013 (and 2016) State of Owner Readiness indicated that by numerous metrics many business owners have not adequately planned their business exit. Comprehensive and holistic exit planning has many moving parts that requires a dedicated exit advisory team. Exit planning is a… Read More »What We Can Learn About the State of Owner Readiness
Key Takeaways · An owner must determine their own financial readiness to retire: how much money do they need to retire comfortably? · In addition, an owner should understand the current value of their business and correlate that with their financial readiness. · Finally, owners… Read More »The Three Things Every Exit Plan Must Consider