Viking Mergers

DECEMBER 5, 2022

Very early in his career, Eric McKeehan developed a passion for working with small businesses and entrepreneurs. Today, he lives out that passion as an Advisor with Viking Mergers & Acquisitions in Asheville, NC, driven by values learned through a decade of working with small to midsize businesses. It’s all about relationships.

Start-ups 130

Start-ups Finance Business Valuation Marketability 130

Equilest

DECEMBER 3, 2022

Evaluating companies using the DCF (Discounted Cash Flow) method requires capitalizing the Free Cash Flows to the firm (FCFF) at the appropriate discount rate. - the weighted average cost of capital (WACC). . What is EBIT? EBIT is net Income excluding the effect of debt interest and taxes. What is EBITDA?

EBIT 40

EBIT EBITDA Weighted Average Cost of Capital Discounted Cash Flow 40

IBG Business

FEBRUARY 6, 2024

An informed seller understands, and can be prepared for, the likelihood that the net value of their business at sale will be impacted by normal costs of a transaction and a wide variety of contractual adjustments. Experienced buyers know precisely what they want to achieve in an acquisition. In a business sale, forewarned is forearmed.

Finance 52

Finance Start-ups Banking Marketability 52

Lighter Capital

AUGUST 10, 2023

At Lighter Capital, we don’t rely on valuations in our financing model, but we thought it would be useful to talk about valuations as they relate to SaaS companies, because they help founders manage their cash runway to achieve long-term sustainable growth. Below we explore how SaaS multiples are determined.

Start-ups 98

Start-ups Marketability Finance Equity 98

Benzinga

FEBRUARY 12, 2024

("Endeavor"), today announced that they have entered into a definitive merger agreement under which Diamondback and Endeavor will merge in a transaction valued at approximately $26 billion, inclusive of Endeavor's net debt. I am grateful to the Endeavor team and proud of what we have built since 1979," said Autry C.

Net Debt 40

Net Debt Dividends Equity Marketability 40

Equilest

NOVEMBER 11, 2022

Have you wondered what the difference is between WORKING CAPITAL and CASHFLOW? Understanding your company's financial health helps you make more informed decisions, including differentiating between working capital and cash flow. . It’s important to note that cash flow doesn’t give you your net profit.

Business Valuation 40

Business Valuation 40

Brian DeChesare

OCTOBER 26, 2022

What about case studies where I have to start from a blank Excel sheet and do not get any data, formatting, or schedules?”. What is a 3-Statement Model? If you cannot read or interpret a company’s historical financial statements, you won’t be working on complex deals anytime soon. Might it need outside financing?

Dividends 72

Dividends Start-ups Finance Equity 72

Lighter Capital

JULY 22, 2023

What SaaS funding options are out there? What’s more, rising interest rates and economic uncertainty have made venture capital much harder to come by recently. At Lighter Capital, we work with many SaaS entrepreneurs exploring alternative funding. For founders, SaaS means opportunity.

Finance 98

Finance Equity Equity Financing Banking 98

Valutico

JUNE 14, 2023

What is Free Cash Flow? It’s different from net income or operating cash flow because it specifically looks at the cash left after investments, which tells us how much money the company can use as it wants. Calculating free cash flow involves subtracting capital expenditures from operating cash flow.

Dividends 52

Dividends Discounted Cash Flow Finance Intangible Assets 52

Farrel Fritz

FEBRUARY 4, 2024

Capital contributions by business owners are the lifeblood of any newly formed business entity. As in most if not all states, New York’s statutes governing business entities sensibly permit various forms of capital contributions as consideration for equity interests. Typically the lifeblood consists of cash, but not always.

Equity 59

Equity Finance Appraisal 59

Value Scout

NOVEMBER 25, 2022

Key Takeaways: Working capital, or lack thereof, can significantly impact a firm’s valuation, selling price, and M&A deal terms. Effectively managing a firm’s working capital can increase the seller’s exit price. Working capital impacts the cash flow of a company, as it is a measure of liquidity.

Discounted Cash Flow 52

Discounted Cash Flow Finance Marketability Business Valuation 52

BV Specialists

SEPTEMBER 12, 2022

You know your business better than anyone, and like your own life, you can dig deep to break down the areas that can be updated, enhanced, and made more efficient with some introspection, that can be converted into new processes that ultimately increase revenue and net profits. Capital Resources. Employee Performance Levels.

Marketability 85

Marketability Finance Business Valuation 85

Equilest

AUGUST 28, 2023

Valuation Methodologies for Holding Companies (Continued) Net Asset Value (NAV) Method The Net Asset Value (NAV) method calculates the value of a holding company by considering its net assets. Holding companies, also known as parent companies, own and control other businesses through stock ownership.

Discounted Cash Flow 40

Discounted Cash Flow Comparable Company Analysis Intangible Assets Business Valuation 40

Musings on Markets

JANUARY 28, 2024

What is risk? I do believe that, in finance, we have significant advances in understanding what risk, I also think that as a discipline, finance has missed the mark on risk, in three ways. In this post, I look at risk, a central theme in finance and investing, but one that is surprisingly misunderstood and misconstrued.

Risk Premium 93

Risk Premium Beta Start-ups Equity 93

Harvard Corporate Governance

APRIL 30, 2023

In the current environment, companies have to work harder than ever to earn trust among their core constituents. Fifty-eight percent of consumers say they have recommended a company they trust to friends and family, and 64% of employees say they recommended a company as a place to work because they trusted it. 5 from the No.

Start-ups 189

Start-ups Compliance Technology 189

Reynolds Holding

OCTOBER 4, 2023

Department of the Treasury released nine principles for net-zero financing and investment by financial institutions. [1] PRINCIPLES FOR NET-ZERO FINANCING AND INVESTMENT Principle 1 : A financial institution’s net-zero commitment is a declaration of intent to work toward the reduction of greenhouse gas emissions.

Treasury 40

Treasury Finance Technology Marketability 40

Reynolds Holding

FEBRUARY 4, 2024

The 2023 banking crisis, and the ongoing macroeconomic conditions, further highlight the significance of debt capital as a lifeblood of business. What is more, they have started providing finance to multinational public companies, such as Wolfspeed Inc., First, there is more corporate debt now than ever. AT&T, and Air France.

Equity 64

Equity Corporate Finance Finance Banking 64

Value Scope

JANUARY 13, 2021

What continues to be contentious here in Texas involves the text of how royalties are calculated and paid. [1]. What are the gross profits? What is the market “at the well” valuation? What are the production costs? What does it mean to make oil or natural gas “marketable”? Executive Summary. NationsBank, 939 S.W.2d

Fair Market Value 130

Fair Market Value Discounted Cash Flow Treasury Marketability 130

Equidam

JULY 14, 2022

If so, why, and what can we expect in the short and mid-term? What connects stock market contraction to startup valuations? This is the most critical impact of downturns: Venture capital funds will have a more challenging time raising money to invest, which translates into less capital being available to founders.

Marketability 80

Marketability Start-ups Venture Capital Fund Alpha 80

Shuster & Co.

MAY 15, 2023

What is a Business Valuation? During the sale of a business, the price is what you are willing to sell the business for and what someone will pay for it. Initially, there may be a wide variation between these figures, and it’s hard to begin negotiations based on what either party thinks the value should be.

Business Valuation 52

Business Valuation Discounted Cash Flow Intangible Assets Accounting Firms 52

Brian DeChesare

SEPTEMBER 20, 2023

Look around online, and you will quickly discover that most coverage of venture capital interview questions is junk. Categories of Venture Capital Interview Questions I would split VC interview questions into 6 main categories. Firm-Specific and Process Questions – What do you think about our portfolio?

Start-ups 59

Start-ups Equity Marketability Terminal Value 59

ThomsonReuters

MARCH 12, 2021

We survived, but what on earth do we do now? From ‘What happens when baby boomers retire?’ After a lifetime worth of work, and a lifetime of building an asset, we see so many firm owners and partners, especially small firms, shorting themselves on what the possibilities might be for building residual income.

Accounting Firms 98

Accounting Firms Start-ups Marketability 98

RNC

DECEMBER 15, 2022

What are the profits and cash flow then and now, whether growth or stagnation, how well do you control costs etc.? The working capital required to operate the business and how much is required to make improvements on the capital per year also affect the valuations. The risk involved within the business is analysed.

Business Valuation 52

Business Valuation Intangible Assets Capital Structure Finance 52

Benzinga

MARCH 9, 2023

Most entrepreneurs work toward the sale of their companies for years, decades, or even their entire careers, so making a poor choice in your M&A advisor can have a large negative impact on the transaction outcome. How would they manage the net working capital discussion?

Equity 52

Equity 52

Value Scout

MAY 1, 2023

What Is Excess Cash? Excess cash refers to the cash over what the company needs to meet its short-term expenses. Investors want to know why management has not put the cash to work when it becomes a permanent feature on the company’s balance sheet. However, how much cash should a company maintain?

Equity Financing 52

Equity Financing Equity Finance Marketability 52

Musings on Markets

JANUARY 11, 2024

To ease my financial constraints, I became a teaching assistant in the second year of my MBA program, and in what I can only describe as a moment of grace, I realized that teaching was what I wanted to do with the rest of my life.

Corporate Finance 128

Corporate Finance Finance Start-ups Dividends 128

The Mentor Group

SEPTEMBER 1, 2021

What are the primary value drivers? Solid gross and net profit margins and ability to scale business. Capitalization table that is up-to-date and easily understood. Working capital calculation is explainable. Yet, the attributes that auger for a higher selling price are always in play. number 2 or 3).

EBITDA 40

EBITDA Marketability 40

Internal Audit 360

DECEMBER 22, 2022

What good are our audits if the resulting proposals are ignored? In other words, internal audit is working on its own systems of getting things done. This article contained what may be the best advice we offered our readers all year: “Channel your empathy. Be attuned to the things that wake up your human side.

Start-ups 98

Start-ups Compliance 98

Cooley M&A

JULY 14, 2017

The vast majority of private company acquisitions contain some type of purchase price adjustment to account for any changes in certain financial metrics (including working capital) of the target between a specified reference date (or target) and the closing date.

Compliance 52

Compliance 52

Brian DeChesare

MAY 3, 2023

The main argument in favor of the DDM is that it best represents what happens in real life when you buy a stock. And Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations. But outside of those, its status is murkier.

Dividends 64

Dividends Terminal Value Enterprise Value Equity 64

Lighter Capital

APRIL 3, 2023

How much cash you have determines your company’s runway, and how likely you are to raise capital to grow in the future. Look at what Tesla just did with their Model 3 preorders. Unfortunately, often we see small SaaS businesses’ receivables age well past the net terms when selling to large enterprise companies.

Start-ups 52

Start-ups Finance B2B Marketability 52

Musings on Markets

OCTOBER 12, 2023

In the course of the post, I will work with two presumptions. Impact Investing: The What, The Why and the How! In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems.

Market Capitalization 82

Market Capitalization Enterprise Value Start-ups Marketability 82

Brian DeChesare

MARCH 9, 2022

Ask tech and healthcare bankers and many entrepreneurs what they really want, and they’ll often cite venture capital as their long-term goal. Or, more specifically, they want to become Venture Capital Partners. you drink piña coladas served to you by mermaids and unicorns….

Finance 83

Finance Start-ups Equity Marketability 83

Equidam

NOVEMBER 16, 2021

Equidam partner Venturerock is a digital venture capital platform and ecosystem of founders, backers & builders building the next generation of global tech companies. We spoke to Marc Wesselink , Co-Founder of Venturerock, to understand more about how they are changing how venture funding works and increasing the odds for founders. .

Technology 52

Technology Finance Marketability 52

Valutico

SEPTEMBER 22, 2023

So, what are the main company valuation methods? The asset-based approach evaluates net asset value by subtracting liabilities from total assets. Company Valuation Methods—Complete List and Guide Whether you’re an investor, a potential buyer, or a business owner, knowing which valuation methods to apply is extremely important.

Intangible Assets 52

Intangible Assets Discounted Cash Flow Book Value EBITDA 52

ThomsonReuters

AUGUST 25, 2023

Jump to: What is tax depreciation on rental property? What are the depreciation systems? What is tax depreciation on rental property? What are the depreciation systems? How is depreciation taxed on the sale of rental property? How do you avoid depreciation recapture tax on rental property?

Compliance 52

Compliance Technology 52

Value Scope

JANUARY 13, 2021

What continues to be contentious here in Texas involves the text of how royalties are calculated and paid. [1] 1] What are the gross profits? What is the market “at the well” valuation? What are the production costs? What does it mean to make oil or natural gas “marketable”? This is often when litigation picks up.

Fair Market Value 100

Fair Market Value Discounted Cash Flow Treasury Marketability 100