article thumbnail

Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

We’re in an unprecedented situation because of the COVID-19 coronavirus, and the economic fallout has been drastic for many business sectors, such as travel and restaurants. This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. government 2.

Cash Flow 248
article thumbnail

Coronavirus & Consulting Offers

Tom Spencer

The travel and hospitality industries have been decimated, stock markets around the world have tanked, and governments struggle to combat this devil on so many fronts. During the dotcom bubble, the financial crisis, and the real estate bubble, what did consulting firms do? Commerce has ground to a halt.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Due Diligence by Management Consulting Firms

Tom Spencer

There are many different types of due diligence such as legal, accounting, financial, and commercial due diligence amongst many others. Financial due diligence involves a lot of financial modelling ( DCF , LBO , NAV ) and deal structuring. This allows them to value the target company and determine a bid price. Image: Pexels.

article thumbnail

Management Consulting

CaseInterview.com

This may involve traveling to the client’s site to collect data, interview employees, and examine daily operations. Accounting (Financial Advisory Consultants) Large accounting firms also offer consultation services to their clients. This group mainly targets financial advisory roles within a business.

article thumbnail

Fool Me Once Or Fool Me All The Time

Martinka Consulting

The premise of the article was most of the financial jargon used to provide insights into companies’ health are make-believe and don’t reflect actual conditions, i.e. true profitability. Zweig writes that any form of modified profit isn’t cash flow. Owner “perks” like cell phone, car, travel to conferences, etc. (as

article thumbnail

Improve Business with Technology!

Women in Consulting

Financial Management. Insperity Reveal – Insperity products are designed to provide pictures rather than statements to become an advisory tool for cash on hand, A/P, A/R, cc debit, COGS, equity. Intacct is cloud computing accounting software which allows large companies to streamline financial-management processes.

article thumbnail

Getting the Deal Done recap

Martinka Consulting

In other words, you can’t just pull a number from air and say, “I’ll pay X times EBITDA (or free cash flow, aka profit) for a business. Other non-financial factors including how the lease can derail an exit plan, managing the culture, key employee compensation and the dependency of the owner to the business.