Community Insights are business owner round tables offered to estate, financial, business, real estate, as well as long-term care planning clients. ComIns are designed to introduce you to the various planning options that facilitate achieving your goals. You will benefit from being included in programming that keeps you abreast of the various alternatives in today’s marketplace.
This month’s topic is:
Really Understanding EBITDA and How It Gets Adjusted; presented by Melisa Silverman, JD, CEPA, CVA, SBA, CEMA and Jeffrey Kates, MBA, CEPA
There are two main factors that drive a Company’s valuation – it’s EBITDA and the multiple. Understanding a Company’s EBITDA and the adjustments that buyers make to it to arrive at the seller’s discretionary cash flow is critical for both sellers and buyers. Using EBITDA as a starting point, Jeff and Melisa will use case studies to look at some of the most typical (and not so typical) adjustments to EBITDA (both positive and negative) that will impact a Company’s valuation and ultimate selling price.