by Scott Lauray | Mar 23, 2023 | Uncategorized
Having the right system to efficiently obtain accurate and timely financial statements and knowing how to understand your financial statements is very critical for every business owner. Many companies prepare financial statements to get a bank loan or prepare their...
by Scott Lauray | Mar 23, 2023 | Uncategorized
Is it as easy as Google or one of your friends told you it is? Did you apply a multiple, probably somewhere between 3-5, to your EBITDA? Congrats, you’re on the road to implementing an Income Approach to business valuations. However, of the 3 main methods, how do you...
by Scott Lauray | Mar 23, 2023 | Uncategorized
Inventory – Know Your ‘Stuff’ If you sell ‘stuff’ and you have inventory that you sell, you need to read this. You’ve trimmed the fat, sent your workforce remote and have cut back inventory as you see fit. That’s not enough. Are you doing it efficiently? How do you...
by Scott Lauray | Mar 23, 2023 | Uncategorized
If you’re just watching over cash that’s good but it’s not enough. Companies that succeed are the ones who adapt. By now you’ve seen the typical advice amidst the COVID-19 crisis – collect you’re A/R’s, defer payments, minimize inventory, etc. – but how do you...
