Martinka Consulting

MARCH 7, 2015

I wrote last year about the pricing of middle-market companies and an article in the Zachary Scott newsletter titled “8 is the new 6″ (referring to multiples of EBITDA on middle-market deals). Now what adds some sanity to this are the banks. In the last few weeks owners (of companies doing $3-10 million in sales.

Small Business 40

Small Business Cash Flow Banking Sales 40

Harvard Business

JUNE 28, 2016

Also, as we explained in an earlier article , we believe that being an established CEO of a small firm involves much less angst than being a senior member of a consulting, investment banking, or private equity firm. So, we begin by assuming that the traditional path offers cash compensation equal to the average starting salary. (It

Small Business 28

Small Business Cash Flow Consulting Analysis 28

Martinka Consulting

JUNE 18, 2021

You must use free cash flow to truly calculate ROI. Financial diligence – we agree a Quality of Earnings report is not usually necessary for small business deals (those that fit in the SBA loan range) but you must get a “proof of cash” from a CPA firm. Seller’s market – first, it’s always a seller’s market for good businesses.

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

You may think it sexy to make something but if you’re a sales type with no manufacturing experience it’s probably a road to disaster. Business sellers please make it easy on your buyer, the bank, and your intermediary. I recently saw a business for sale and on the surface it looked great, with $1 million of earnings.

Balance Sheet 40

Balance Sheet Cash Flow Financial Education 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. Abengoa had no problem in getting Citi to lead a €100 million (£70million) share sale in July to raise funds for the group at a price of €2.80 a share (now they are worth €0.44).

Energy 28

Energy Cash Flow Government Banking 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. Using comparable sales of much larger firms will distort the value. For reference, a check of major bank PE ratios shows they are at about 15). An outsider may ask, how is this possible?

ROI 40

ROI Cash Flow Methodologies Small Business 40

MishTalk

AUGUST 22, 2014

Saxo bank chief economist Steen Jakobsen thinks so. Market remains overexposed to US dollar and US equities relative to norm – Furthermore with mid-term election on November 4th the coming budget talks will have a hard time producing convincing and long-term results needed. Is it time to short the dollar? Via email from Steen.

Cash Flow 73

Cash Flow Travel Course Marketing 73

MishTalk

OCTOBER 25, 2015

Rising vacancy rates and plummeting rents are increasingly common in Chinese malls and department stores, despite official data showing a sharp rebound in retail sales that helped the world's second-largest economy beat expectations in the third quarter. That's the banks' problem." Major listed mall operators are also feeling the pain.

Cash Flow 28

Cash Flow Retail Real Estate Deloitte 28

Harvard Business

AUGUST 3, 2018

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. In a market like social media, a firm’s success can depend on the winner-take-all profits that come from market leadership.).

Financial 28

Financial Report Company Metrics 28

MishTalk

APRIL 1, 2015

Among other things, she handles the structuring and sale of bonds for schools across the state. trillion muni market had puzzled at the true identity of Bond Girl, Hector Negroni, co-founder of New York-based investing firm Fundamental Credit Opportunities, said in a telephone interview. “ First let''s go over Culpepper''s background.

Financial 28

Financial Engineering Finance Government 28

MishTalk

DECEMBER 16, 2015

Cash: With zero interest rates the penalty for holding cash is not very significant. Stock Market: Nothing cheap. If you take out those stocks, the stock market isn't doing real well. That's indicative of the way the market has responded for the last six months. So I don't understand the stock market.

Real Estate 28

Real Estate Energy Tools Government 28