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What is Your Real Income

Martinka Consulting

Operating interest (a working capital line of credit). About 15 years ago I started using the term “free cash flow,” which is pretty much the same as what’s above. The trouble with having an open mind, of course, is that people will insist on trying to put things in it.” Anticipated capital expenditures.

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Considerations for Starting your Consulting Career at a Boutique Firm

Tom Spencer

For our purposes, let’s identify a boutique firm as one that has less than 100 consultants (emphasis on ‘consultants’ and not staff) and operates from at most only a handful of offices (even if those offices are in multiple countries). Notable Considerations. Compensation. There is also much to be said about other types of compensation (e.g.

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Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process

Tom Spencer

BizOps / Strategy & Operations at tech firms. According to the Ivey Business Journal it has two parts: Improving the competitive strategies of operating units by capturing inter-divisional synergies; and. BizOps / Strategy & Operations at Tech firms. Corporate development. Corporate Strategy. What is corporate strategy?

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Financial Shenanigans Versus Incompetence

Martinka Consulting

The Wall Street Journal and others recently reported about an accounting expert who had predicted the Madoff Ponzi scheme and recently went after GE for what he said are their deceptive accounting practices (of course, GE responded this person didn’t know what he was talking about).

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Growth by Acquisition Isn’t for Everybody

Martinka Consulting

Of course the owner has to be willing to take advantage of the deeper bench by delegating to them. Of course it’s the annoying (bad) customers he was referring to. It proves you have the team that can integrate one operation into another. Of course, most of this is just talk. Psychology – Be part of a winning team.

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The Importance of Business Acumen for High Performance

LSA Global

We believe that employees need to better understand the key factors that affect a company’s operations and financial strength to improve decision-making and strategy execution. Take a financial acumen course , do online research, or invest in a textbook on the subject. Operating income. Operating Expenses. Cash flow.

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Frameworks for the Case Interview (Part II: Mergers and Acquisitions Framework)

Tom Spencer

Of course, financial experts have many detailed definitions of M&A. There are three main valuation methods you can use to estimate the value of the company: Discounted Cash Flow , Comparable Companies , and. If one company takes a controlling interest in the other, it is regarded as an acquisition. Comparable Transactions.