@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
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
@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
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.
@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