Add Backs From a Private Equity Group’s Perspective

Cash flow means different things to different people.  Or, put a different way, different entities will use different proxies for cash flow depending on what matters most to them.  For an individual who owns a business, cash flow can mean “discretionary earnings” or what the total return of cash and benefits is to the owner.…

Details

Have an Exit Strategy

A professional practice is a business, just like any other, and partnerships are prone to fail. The cost of setting up the correct structure for operating and ultimately terminating the partnership is relatively inexpensive compared with the cost of unraveling a relationship that no longer meets the original needs, not to mention the emotional cost.…

Details