Capital providers or partners may have reference metrics based on historical performance (e.g. a multiple of EBITDA), but outside of hard asset valuation no transaction thesis is based on last year's earnings. Instead, it's about the belief and credibility to replicate and grow upon that historical foundation. So how is that belief and credibility established?
Financial leaders in small and midsized businesses (SMBs) have it tough. SMBs have it even tougher in that they don’t often have financial leaders. This is a post for CFOs, businesses under $100 million in revenue considering a CFO, and leaders who want more out of their