Partners worldwide is an organization that has a mission of fighting poverty with business. If we believe we are doing something good for the community with our business then it would be a natural extension of that thought that business can also do good for those living in poverty. Eric recently attended Partners Worldwide’s annual…
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In this episode, David and Eric will be discussing if now is a good time to start thinking about buying that competitor you’ve been thinking about. This episode builds upon our previous series on valuation and the current economic situation. Today we are seeing more mainstream articles about how we are either already in a…
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In this episode we’re joined by the charismatic and creative Austin Sherman, who co-founded a kombucha business from scratch. Like any business owner, he’s seen his share of ups and downs, but they led to an exit to a large multinational company. Austin shares his entire journey building and exiting from Big Easy Bucha. As…
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Today we discuss working with equity investors. Small business owners can be hesitant to bring in equity investors, but there can be good reasons to consider this path. Equity capital is almost always more expensive than debt capital, but it can enable you to grow much faster than you otherwise would have. Join us as…
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In this episode, David and Eric link the discussion of financial analysis to making banks want you. There can be good cases for using other people’s money to help accelerate your growth. There is so much confusion with businesses about what banks’ objectives and restrictions are. We clarify this before diving into financial analysis. If…
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In last week’s episode, David and Eric talked about ROA and ROA and why it’s important to grow your margin, but not at the expense of ROA. In today’s episode David and Eric discuss Financial Forecasting. While many seek a tool to help them see into the future, we believe this is a tool that…
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In this episode David and Eric return to unpacking the importance of Financial Analysis for a business. Today’s discussion will revolves around Return on Assets and Return on Equity – which involve numbers from both the Income statement and balance sheet. These two together are used in a powerful way to analyze business performance. Linking…
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On this episode we’re joined by Amy Bakay, founder of HR NOLA. HR NOLA is a human resources consulting business that offers both onsite and remote HR services. Diving right into the topic of HR is the perfect opportunity to circle back on and unpack an important component of strategic planning: the people on your…
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In this week’s episode, David and Eric discuss Financial Analysis. We had more to day on this topic than we realized – it may be the new series! Before diving into any specifics – How well do business owners or managers need to know their numbers? How well do they need to be able to…
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In this episode: David and Eric discuss EBITDA’s limitations and adjustments and why they are so important to understanding your business’ value. We also discuss some critiques of using EBITDA including the famous one from one from Charlie Munger, Warren Buffett’s longtime business partner who boldly stated: “I think that every time you see the…
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