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strategic planning

Common EBITDA Adjustments and What They Mean for Your Business

Common EBITDA Adjustments and What They Mean for Your Business

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a commonly used financial metric that offers a snapshot of a company’s operational performance. However, EBITDA can be limited by excluding certain adjustments that might give a fuller picture of a … Read More

What is Owner Readiness

What is Owner Readiness? Business Ownership 101

When discussing business ownership, a crucial concept often gets overlooked but is essential for long-term success: Owner Readiness. But what exactly is Owner Readiness, and why is it so important for aspiring entrepreneurs? Let’s delve into this topic and explore … Read More

What is Return on Invested Capital

What is Return on Invested Capital? (ROIC)

Return on Invested Capital (ROIC) is a crucial financial metric that measures a company’s ability to generate profit from its invested capital. Understanding ROIC is essential for entrepreneurs to assess their business’s financial performance, including evaluating the tax rate, average … Read More

What is Adjusted Ebitda? Earnings Metrics 101

What is Adjusted Ebitda? Earnings Metrics 101

When it comes to measuring the financial health and performance of a business, there are various metrics that entrepreneurs need to consider. One of these key metrics is Adjusted EBITDA. In this blog post, we will explore what Adjusted EBITDA … Read More

Benefits of a Strategic Plan

7 Benefits of Strategic Planning for Your Business Success

Having a strategic plan in place is essential for any company’s success and growth. The benefits of strategic planning for your business success are endless. If you want to take your business to new places, you need a map. That’s … Read More

Maximizing Revenue: Accounting and Business Advisory Services

Maximizing Revenue: Accounting and Business Advisory Services

CPAs and accounting firms constantly seek ways to increase revenue and grow their client base. Businesses want better financial management and operational improvement, so they look for more than basic accounting services. This is where additional accounting and business advisory … Read More

KPI Strategic Planning: 6 Common Mistakes to Avoid in 2024

KPI Strategic Planning: 6 Common Mistakes to Avoid in 2024

Developing a strategic plan for KPI success heading into 2024 is essential for business growth and success. However, it’s important to be aware of the common mistakes that can be made when creating a KPI strategic planning process. These errors … Read More

What is The Sellability Score? Exit Planning 101

What is The Sellability Score? Exit Planning 101

Are you considering transitioning out of your business? Exit planning is an important process for business owners considering selling their company. It helps them prepare for a successful sale and maximize their return. The Sellability Score is a key part … Read More

Strategic Planning for Small-Medium Businesses

The Importance of Strategic Planning for Small-Medium Businesses

Small-medium businesses (SMBs) face unique challenges that often make or break their success. Unlike large corporations, SMBs often limited resources and require strategic planning to stay competitive and reach business goals. In today’s fast-paced market, strategic planning has become a … Read More

Business Consulting Niche

Find Your Business Consulting Niche

Business advisory is a growing field that provides many benefits. Once you decide to enter into the business consulting/advisory space, one of the most important things you can do is define your niche. A niche is a specialized area of … Read More