Several friends have sent me a picture of an EBITDAC coffee mug this week. As it states, EBITDAC stands for Earnings Before Interest, Taxes, Depreciation, Amortization and Coronavirus. Will this be the new measure of cash flow for valuing your business?
A bleak joke, but one that is on the minds of many business owners, especially Baby Boomers in their late 50s and 60s. Many were postponing their exit planning because business has been so good. As one client told me, “In March we had the best year in the history of my company. It looks like April might be the worst.”
EBITDAC : What is Your Business Worth Now?
Posted by cbrendlinger under ManagementFrom http://www.awakeat2oclock.com 1470 days ago
Made Hot by: BizWise on April 25, 2020 5:14 am
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