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Financial Shenanigans Versus Incompetence

Martinka Consulting

And then we get to my world of small business where it’s usually not malicious but is accounting incompetence. I’m working on a potential deal where the owner (and his advisors) setup five companies, two operating, one management, one for real estate, and one for equipment.

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Inflate the Swimming Toys Not Your Assets

Martinka Consulting

I’m not going to take sides but rather ask a few questions and tie this to what I see daily with the buying and selling of businesses. His assets are mostly real estate and it’s easy to appraise real estate. A business buyer can’t inflate their liquid assets because they’ll need to use those funds.