When the Fed’s Unlimited is Irrelevant

All the king’s horses and all the king’s men couldn’t put Humpty together again. I’ve been thinking about that nursery rhyme these days as the federal government throws Trillions of dollars at this deepening economic crisis, even as Bain’s big thinkers are projecting that in just two months of COVID-19 mitigation efforts, we will likely…

Demystifying COVID-19 Relief Loans

Seemingly, every hour brings more news of death, pain, anxiety and fear as the world navigates a global pandemic. Like you, we have been closely following the news about federal and state relief efforts for our severely battered small businesses, including new low-interest loans offered through the U.S. Small Business Administration and the U.S. Treasury.…

Demystifying EBITDA add-backs

This article was originally posted on South Florida Business Journal. If you’ve ever spoken with an investment banker or broker about selling or raising capital for your business, you’ve undoubtedly heard about EBITDA. EBITDA — or earnings before interest, taxes, depreciation and amortization — is a widely used earnings metric, particularly when quoting valuation “multiples”…