"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com"
About The Guest(s):
Bill Snow is an author and mid-market investment banker with over 20 years of experience in mergers and acquisitions. He is the author of "Mergers and Acquisitions for Dummies" and has worked on various transactions in the middle market space. Bill Snow is currently with Focus Investment Banking, a firm that specializes in middle-market investment banking.
Summary:
Bill Snow shares his insights into the world of mergers and acquisitions (M&A) and provides valuable advice for those interested in this field. He emphasizes the importance of understanding the financial aspects of M&A, including reading balance sheets, income statements, and cash flow statements. Bill also highlights the significance of being able to analyze and interpret financial data accurately. He discusses the cyclical nature of businesses and the importance of considering working capital and cash reserves when evaluating a company for acquisition. Bill concludes by emphasizing the microeconomic nature of M&A and the need for business owners to focus on what makes their company valuable, rather than solely relying on the state of the overall economy.
Key Takeaways:
-Understanding financial statements and being proficient in math and accounting are essential skills for success in mergers and acquisitions.
-The cash flow statement is a crucial tool for evaluating a company's financial health and understanding the nature of its profits and expenses.
-Businesses often have cyclical patterns, and it is important to consider these cycles when evaluating a company for acquisition.
-Working capital and cash reserves play a significant role in determining the value of a company and should be carefully analyzed during the M&A process.
-The microeconomic factors of a company, such as its growth, profitability, and management team, have a more significant impact on its value than the overall state of the economy.
--------------------------------------------------
Contact Bill on
Linkedin: https://www.linkedin.com/in/billsnow/
Website: http://www.billsnow.com/
--------------------------------------------------
How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton
The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit
https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
--------------------------------------------------
💰If you’d like additional ways to support this podcast, you can become a paid subscriber here:
https://how2exit.substack.com/
►Visit Our Website: https://www.how2exit.com/
📧For Business Inquiries: Me@4sale2sold.com
👇🏻SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
🎧 Stream Purpose:
»Spreaker - https://www.spreaker.com/episode/57194332
»Apple Podcast - https://podcasts.apple.com/us/podcast/e149-bill-snow-author-mid-market-investment-banker/id1561038705?i=1000630957996
»Spotify - https://open.spotify.com/episode/22Fwkoavjmly6abNcaw6jH?si=M3xttzpXSiGvH3UzeC9zdg
𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👍 Like the video (it helps a ton!)
💬 Comment below to share your opinion!
🔗 Share the video with anyone you think might help :)
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📱Stay Tuned On Our Social Media :
» Linkedin - https://www.linkedin.com/in/ronskelton/
» Twitter - https://twitter.com/ronaldskelton
» Facebook - https://www.facebook.com/How2Exit
» Newsletter - http://deeper.how2exit.com/
#How2Exit # #
💖Thanks for watching! 💖
