Martinka Consulting

OCTOBER 3, 2013

Pre-Great Recession - banks competed for business acquisition loans and I remember one client’s summary that had eight banks, eight approvals, seven banks using the SBA loan guarantee program (called SBA loans from now on) and my client took the non-SBA offer. Buyers, banks and especially sellers! Who benefits?

Cash Flow 40

Cash Flow Banking Finance Government 40

MishTalk

DECEMBER 11, 2014

Energy production is extremely capital intense, and often accompanied by negative free cash flow. Since early 2010, energy producers have raised $550 billion of new bonds and loans as the Federal Reserve held borrowing costs near zero, according to Deutsche Bank AG. Junk bonds of Energy XXI Ltd. cents since September.

Energy 78

Energy Marketing Benchmarking Cash Flow 78

Martinka Consulting

APRIL 26, 2019

Sixty percent of them delayed their exit by at least two years, as per a study by Sun Trust Bank. We have a few articles in our “writing folder” (articles I’ve saved to write about) on bad management, how technology is replacing people, and employee unhappiness. And guess what? Most of those owners planning to sell had to delay it.

Marketing 40

Marketing PricewaterhouseCoopers Cash Flow Banking 40

MishTalk

MAY 14, 2014

Financial Vulnerabilities in China In its May Financial Stability Report , the Reserve Bank of New Zealand warns about financial vulnerabilities in China. Elsewhere, the tightening of credit terms, including funding costs for property developers, especially in the shadow banking sector, is taking its toll.

Real Estate 77

Real Estate Banking Cash Flow Construction 77

Martinka Consulting

JUNE 18, 2021

Experience is important and it’s why we say a good buyer should be able to lead and manage, to some degree, people, processes, money, and enthusiasm. You must use free cash flow to truly calculate ROI. Owner Dependency – What makes a great business is having reliable management.

ROI 40

ROI Cash Flow Small Business Financial 40

Martinka Consulting

APRIL 21, 2015

In the past I’ve written about how low interest rates and bank using the SBA guarantee program and its low down payment requirements plus a 10-year amortization have caused buyers to pay more for businesses than they would have years ago (because their payments are the same or less). Many banks will go as low as 1.25:1

Cash Flow 40

Cash Flow Benchmarking Banking Sales 40

Martinka Consulting

MARCH 5, 2021

The title is the theme of the book with each chapter being a deal tip or strategy (and it’s available on Amazon). Business sellers please make it easy on your buyer, the bank, and your intermediary. The book is 61 short chapters, 50 of them written by me and 11 by other deal pros like Gregory and Curt. Have a strong balance sheet.

Balance Sheet 40

Balance Sheet Cash Flow Financial Education 40

MishTalk

MARCH 27, 2015

They briefly went negative out to 15 years in the wake of the sudden removal of the Swiss National Bank peg to the euro back on January 13 as shown in the following chart. per cent in an effort to prevent a wave of cash flowing into Switzerland in anticipation of the Swiss franc’s rise in value. “

Cash Flow 28

Cash Flow Banking Policies Government 28

Martinka Consulting

DECEMBER 11, 2015

On November 17, 2015 we held our eighth Getting the Deal Done Breakfast Conference at the Bellevue Club (with co-sponsors PRK Law, Meridian Capital, Columbia Bank, Bashey Hutchinson & Walter, CPAs, and “Partner” On-Call/Martinka Consulting). Over 140 people heard our featured speaker, Joe Whinney, founder of Theo Chocolate.

Cash Flow 40

Cash Flow Conference Travel Financial 40

MishTalk

OCTOBER 25, 2015

Add poorly managed properties into the equation and the empty malls aren't much of a surprise. Less foot traffic means cash flow of mall owners and developers are getting squeezed - a potential hazard for an economy growing at its slowest pace in decades. That's the banks' problem."

Cash Flow 28

Cash Flow Retail Real Estate Deloitte 28

Harvard Business

JUNE 8, 2018

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. So, investors, and therefore managers, might be adjusting their approach to risk accordingly. Traditional companies therefore rely on two strategies.

Financial 29

Financial Report Cash Flow Metrics 29

Harvard Business

MAY 28, 2018

Nikon, the legendary Japanese camera maker, provides a textbook study in how smart managers can work with strategic investors to transform a struggling business. Then a new CFO joined the company: Masashi Oka, a financial industry veteran who had played a key role in transforming Mitsubishi UFJ Financial Group-owned Union Bank in the US.

Company 29

Company Balance Sheet Cash Flow Interviews 29

Harvard Business

AUGUST 24, 2017

A nearly $150 million settlement is pending for the fake-account scandal that roiled the bank last year, and a new scandal has emerged: Recently it has been alleged that thousands of customers were signed up for insurance without their knowledge. ’s largest banks? What explains the divergence in the fortunes of two of the U.S.’s

Pharmaceuticals 28

Pharmaceuticals Intellectual Property Training Training 28

Martinka Consulting

OCTOBER 27, 2017

In the Discounted Future Cash Flow method profits are projected (same as the first issue) and discounted back to a present value. For reference, a check of major bank PE ratios shows they are at about 15). An outsider may ask, how is this possible? Conclusion. ESOP trustees have a lot on the line.

ROI 40

ROI Cash Flow Methodologies Small Business 40

MishTalk

JULY 11, 2014

The question stems from lengthy (256 page PDF) from the BIS Annual Report (Bank for International Settlements) that stated among other things " The only source of lasting prosperity is a stronger supply side. Never before have central banks tried to push so hard. It is essential to move away from debt as the main engine of growth. "

Balance Sheet 74

Balance Sheet Financial Banking Policies 74

MishTalk

AUGUST 7, 2013

With little or no bank lending growth, decelerating wage growth, and trend growth of real GDP per capita at 0% to negative implies the 3- and 5-year change rates of US M2+ will decelerate from 2-3% to 0-1% in the next 5-6 years as occurred during the early to late 00s in Japan. Balanced Budget Ammendment Sign the Balanced Budget Petition.

Balance Sheet 75

Balance Sheet Marketing Real Estate Financial 75

Harvard Business

JULY 20, 2016

” A professional can advise you on whether it makes sense to incorporate, how to save in taxes, and how to manage all of your expenses. ” You can employ a few coping strategies to help make those spells less frequent. “It takes time to get a consistent cash flow going. Principles to Remember.

How To 28

How To Case Study Case Studies Case Interview 28

Tom Spencer

NOVEMBER 14, 2011

Economies of scope have been found to exist in a range of industries including banking, publishing, distribution, and telecommunications. More stable cash flows are attractive for three reasons. Firstly, they can be used to negotiate more favourable credit terms with banks. Business Strategy. Management Consulting.

Cash Flow 117

Cash Flow Consulting Productivity Telecommunications 117

MishTalk

APRIL 1, 2015

Although most governments are required to balance their budgets on a cash flow basis each fiscal year, a structural budget gap can arise when recurring expenditures are greater than recurring revenues. Judging from the swap confirmations from Deutsche Bank, PNC, and Wells Fargo, these payments amounted to around $25 million.

Financial 28

Financial Engineering Finance Government 28

MishTalk

NOVEMBER 10, 2014

His regular weekly market commentary is widely regarded as one of the best-researched, best-articulated publications available to money managers. A stock, in fact any security, is a claim on any long-term stream of cash flows that investors can expect to be delivered to them over a very long period of time.

Financial 74

Financial Interviews Marketing Cash Flow 74

MishTalk

NOVEMBER 25, 2013

At this horizon, even “buy-and-hold” strategies in stocks are inappropriate except for a small fraction of assets. Zig Ziglar This story is more than a quote about persistence – it’s actually a reasonable description of risk-managed investing. Then again, more work is required to demonstrate that such an approach would be misleading.

Cash Flow 70

Cash Flow Trends Policies Marketing 70

MishTalk

AUGUST 22, 2014

Saxo bank chief economist Steen Jakobsen thinks so. 2.50% and geo-political risk and lag of global earnings for S&P-500 companies reduces margin and cash-flow. Mike "Mish" Shedlock [link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Via email from Steen.

Cash Flow 73

Cash Flow Travel Course Marketing 73

Martinka Consulting

MAY 28, 2021

Last year it was Deutche Bank and Trump. These large banks seem to have forgotten the Five C’s of banking (capacity, character, capital, collateral, and conditions). A sixth C could be added, check (and double-check) as Credit Suisse “admitted” they didn’t know Archegos was also borrowing (to the hilt) with other banks.

Banking 40

Banking Cash Flow Small Business Journal 40

Martinka Consulting

OCTOBER 7, 2020

Why didn’t the bank(s) verify? They can’t inflate their real estate assets because banks will get an appraisal. Cash flow is, however, the tricky one. Small business accounting tends to make cash flow a moving target anyway and a lot of owners “manage by checkbook.” This one seems easy. Conclusion.

Real Estate 40

Real Estate Cash Flow Banking Resumes 40

MishTalk

DECEMBER 5, 2015

billion, and exposure to Spanish and international banks of around €20.2bn, Abengoa has found, and continues to find it difficult to get them off the ground. A particularly embarrassing situation for the US bank. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.

Energy 28

Energy Cash Flow Government Banking 28

MishTalk

JUNE 26, 2015

With its IT expertise, C$35 million of cash in the bank and other resources, the combined BitGold/GoldMoney has resources far beyond what GoldMoney alone was able to put together. Mike "Mish" Shedlock [link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.

Insurance 28

Insurance Insurance Balance Sheet Cash Flow 28

MishTalk

DECEMBER 16, 2015

It's an extraordinarily badly managed you know entity. And so we're in effect fulfilling in some respects our longer term strategy in AQR where we're liquidating the remaining garden apartments we have. I mean in the last few months all the banks have redone their reserve reports. Number three there's an existing cash flow.

Real Estate 28

Real Estate Energy Tools Government 28