Posts Tagged ‘financial statements’
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 MoreUncovering Your Company’s True Value With Normalized Financial Statements
Having a professional business valuation can be eye-opening for both the buyer and the seller of a company. In some cases, a seller might have a magic number in mind of what the business is worth only to eat a big spoonful of humble pie when the true valuation is unveiled. A buyer wants to…
Read MoreAvoid a disastrous acquisition by following these 5 steps
Due diligence, along with some outside perspective, can help you make sure excitement isn’t clouding your judgment. So take these five steps to review key parts of the financial statements before your acquisition. Ahead of a big acquisition, most executives would agree that it’s important to scour the books for any signs of concern. The…
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