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The Impact of Financial Systems on Business Value
The Impact of Financial Systems on Business Value
hosted by: David Mariano, Director and head
of the firm’s Buy-Side advisory practice
The Impact of Financial Systems on Business Value
Your financial reporting system may serve your purposes but is it detailed enough for a potential buyer or investor? Is it adding or subtracting value to your business?
Our guest today is Kevin Mayer, a Managing Director with Western Reserve Partners who co-heads the firm’s industrial group. David Mariano and Kevin discuss the importance of having financial reporting systems that will meet the expectations of buyers and investors. These systems have more of an impact on business value than you may initially think.
Key questions in this episode:
* Are QuickBooks and Excel spreadsheets enough for a smaller, family owned business?
* Why would a business’s financial reporting system affect the business’s predictability?
* How can a business owner avoid the pitfalls of a poorly designed financial forecast?
* How much detail is enough?
* Is there a big difference in the level of detail that different buyer groups or investor groups are looking for?
* What is a Quality of Earnings report (at 14:21)?
* Is it possible to ask for too much detail when buying a business?
Key points in this episode:
* It’s all about measuring the business.
* Why it’s important to be able to break down different aspects of your business for potential buyers and investors.
* What would help a business owner to better measure their business.
* How to identify growth opportunities and include them in a forecast.
* The proverbial hockey stick.
* How the industry you are serving should affect your forecast.
* What different investor groups look for in your forecast.
* Who can help a buyer determine the level of sufficiency in a business’s financial reporting.
* Who to talk to now that you realize that you need more detail in your financial reporting (at 17:40).
Resources mentioned in this podcast
* Click here for access to training and templates
Listen to Fully Invested below:
View all episodes
The Impact of Financial Systems on Business Value
hosted by: David Mariano, Director and head
of the firm’s Buy-Side advisory practice
The Impact of Financial Systems on Business Value
Your financial reporting system may serve your purposes but is it detailed enough for a potential buyer or investor? Is it adding or subtracting value to your business?
Our guest today is Kevin Mayer, a Managing Director with Western Reserve Partners who co-heads the firm’s industrial group. David Mariano and Kevin discuss the importance of having financial reporting systems that will meet the expectations of buyers and investors. These systems have more of an impact on business value than you may initially think.
Key questions in this episode:
* Are QuickBooks and Excel spreadsheets enough for a smaller, family owned business?
* Why would a business’s financial reporting system affect the business’s predictability?
* How can a business owner avoid the pitfalls of a poorly designed financial forecast?
* How much detail is enough?
* Is there a big difference in the level of detail that different buyer groups or investor groups are looking for?
* What is a Quality of Earnings report (at 14:21)?
* Is it possible to ask for too much detail when buying a business?
Key points in this episode:
* It’s all about measuring the business.
* Why it’s important to be able to break down different aspects of your business for potential buyers and investors.
* What would help a business owner to better measure their business.
* How to identify growth opportunities and include them in a forecast.
* The proverbial hockey stick.
* How the industry you are serving should affect your forecast.
* What different investor groups look for in your forecast.
* Who can help a buyer determine the level of sufficiency in a business’s financial reporting.
* Who to talk to now that you realize that you need more detail in your financial reporting (at 17:40).
Resources mentioned in this podcast
* Click here for access to training and templates
Listen to Fully Invested below: