Posts Tagged ‘debt service coverage ratio’
Your Business Is Profitable—But Could You Still Go Broke?
You might be excellent at running your business—but do you know how to manage your company’s finances? Even if your business is profitable, your cash flow may still suffer if you ignore your numbers. You want to see a business owner squirm and run out of the room? Start talking about cash flow and financial ratios.…
Read MoreIs this a “Bankable” Deal?
I was talking with a business owner who was considering selling their business of 20 years. The company had served him well, and he had managed to provide a great life for himself and his family. The challenging part was he was stuck trying to figure out the value of the company he worked so…
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