Jim Peddle

🐕Akita| 🏈Iowa Hawkeyes | 💰Business Broker | 📍Deals $2mm-$20mm | 13 Years | Buy-Side| Sell-Side

[Jim Peddle @PlaybookAdvisor]

@MitchBookLive Jim’s an interesting announcer that on one hand is cheesy and insincere and fake. But this seemed sincere and so heartfelt. God bless Bryce and his mom so sorry for her loss

[Jim Peddle @PlaybookAdvisor]

@rob_hoffman Why?

[Jim Peddle @PlaybookAdvisor]

@CallawayGolf

[Jim Peddle @PlaybookAdvisor]

@mjmillers Let’s go!!

[Jim Peddle @PlaybookAdvisor]

@buyahause Credit bid by lender. Your have to pay cash in 34 hours or immediately

[Jeremy Peddle @jeremy_peddle]

Due to Occidental not having graduate programs, I’ve entered the graduate portal.
1 year of eligibility
6’3 190
3.6 GPA
Fastball 85-87 top 89
Slider 2200-2300
Kick Change 800-1000

Began pitching last spring, converted outfielder. No prior pitching experience
@FlatgroundApp

[Jim Peddle @PlaybookAdvisor]

@BoilerPlateCPA Wish a buyer on my $9mm home health care deal engaged a firm that would deliver after 60 days.

[Jim Peddle @PlaybookAdvisor]

@BoilerPlateCPA There’s many variables to consider for smaller companies. For example, We have a health care deal with 3 sellers/owners and over $2mm Ebitda or Sde. It’s important to model replacement salaries and comp for transition services. Ebitda isn’t the way I’d value this business

[Jim Peddle @PlaybookAdvisor]

@SMB_Attorney Charge $1000 per person and the winner gets the business.

[Jim Peddle @PlaybookAdvisor]

@HankHaney Lakeshore

[Jim Peddle @PlaybookAdvisor]

@mikebolen Brokers don’t get 12-15%

[The Real Deal @trdny]

Here's how an $84K commission dispute became a $47.8M verdict:

[M&A Focused CPA @BoilerPlateCPA]

If you are considering selling your company, you should clean the crap out of your books.

Here’s the 80/20 playbook for what you need to do before you should even give your financials to a broker or a banker:

1. Use the right accounting system: Get on QBO. Nobody wants to clean up your shitty peachtree accounting, and when they try to, it’ll take them 5x the time cus the system is old.

2. Get on accrual accounting: You haven’t done accrual historically because it’s harder and your taxes are filed on a cash basis. But accrual is the high grade and this is what you want if you’re going to sell for $5M+. Buyers pay up for visibility.

3. Get monthly financials done: Yearly isn’t good enough. Buyers want to see the trends, and that is not apparent in an annually prepared financial statement.

Once you have this part done, you can start to consider working with a fractional CFO or a QofE provider.

[Jim Peddle @PlaybookAdvisor]

@realEstateTrent I was in 20a last night from Los Angeles and 21a has never made a payroll in his life.

[Jim Peddle @PlaybookAdvisor]

@ErikLambert1 Erik are you paid by anyone associated with any democratic organization? Warren couldn’t possibly be a lone wolf navigating the incompetence of Illinois. This is just click bait

[Jim Peddle @PlaybookAdvisor]

@PrivatEquityGuy Sent them a deal let’s see what happens!

[Jim Peddle @PlaybookAdvisor]

@paulswaney3 Thanks great info

[Jim Peddle @PlaybookAdvisor]

@PrivatEquityGuy This is dumb

[Jim Peddle @PlaybookAdvisor]

@SolSt1ne I wouldn’t listen to what he says when you don���t know what he’s doing.