The Discipline to Buy Without Emotion
When it comes to buying a business, most people think the hard part is the maths. Run the accounts, calculate EBITDA, apply a multiple, and you’ll know the value. But ask anyone who’s done it for real, and they’ll tell you: the hardest part isn’t the numbers. It’s your brain. Emotion is the silent killer […]
Valuation 101: Enterprise Value Plus Balance Sheet Reality
When you’re looking to buy a business, the big question is always the same: what is it worth? Ask ten people and you’ll get ten answers. A seller will tell you what they need. A broker will tell you what sounds good. Friends and colleagues will throw out numbers they’ve seen in the press. None […]