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Fool Me Once Or Fool Me All The Time

Martinka Consulting

On June 2, 2018 Jason Zweig’s article in the Wall Street Journal was titled, “ The Fanciful Alphabet Soup Companies Use to Fool You.” Zweig writes that any form of modified profit isn’t cash flow. I get the feeling many people, even in my industry, don’t understand the difference between profit, Ebitda, and cash flow.

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What U.S. CEOs Should Do with the Money from Corporate Tax Cuts

Harvard Business

tax law is likely to increase after-tax cash flows for U.S.-based There’s a strong argument that they should invest in growth , and the newly available cash offers them a unique chance to do so. Surely there is a better use for the additional cash. The Economy in 2018. Emma Innocenti/Getty Images.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

could become the world’s largest oil producer in 2018, surpassing Saudi Arabia and Russia. How did we get here, and what does it mean for the industry? That deal sent the price of Brent crude oil to above $70 a barrel in January, after the industry that had suffered through $54 per barrel oil on average in 2017.

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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

Record number of small business sales in 2018! The answer is yes, based on the activity level of everybody we know in the M&A/buy-sell industry. Between 35 & 45% of these owners are 65 or older (2018). Cash flow is king (they don’t require full collateralization, but will take as much as they can).

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Give Your Team the Freedom to Do the Work They Think Matters Most

Harvard Business

In 2017 and 2018 , Decathlon was ranked the #1 Great Place to Work in France. Michelin is a huge company in a relatively mature industry, but it has still managed to nearly double its free cash flow since 2015, to €1.509 billion ($1.75 In 2018, Michelin was ranked the #1 America’s Best Large Employer.

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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

On June 25, 2018, Facebook lost market capitalization of more than $100 billion in just two hours of trading after it announced its quarterly performance, despite exceeding analysts’ earnings forecasts. Dorling Kindersley/Getty Images. What caused this slump? It failed to meet its revenue and subscriber growth targets.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Guest Post I mention the above to prove Culpepper is highly regarded in the industry. 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. She knows what she is talking about.