Earnings before interest, taxes, depreciation and amortization, or EBITDA, is often described as a profitability metric. That’s misleading: A business may report a net loss but still have positive EBITDA. It’s more accurate to…
Financial planning and analysis (FP&A) professionals own the financial planning, budgeting and forecasting process at a company to inform major decisions made by the executive team and board of directors. These employees collect, prepare and…
In two prior articles we explained valuation multiples and how to use them, and then explored different ways to calculate the value of a company via enterprise value. Those articles provide metrics and tools to help business…
For many small businesses, payroll expenses are one of the biggest costs of doing business. Paying employees can also be a time-consuming job—and it’s critical that it’s done right. Even if you have relatively few employees…
If your business employs full- or part-time workers or hires contractors, you need to know your legal obligations. Federal and state laws are designed to protect employees, ensure a safe workplace and prevent discrimination…
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