Denice R. PrestonIt would help if you found the KPIs that are core to increasing company value before you can unlock growth. To gain a better understanding of growth, you need to dig deeper into the characteristics …
Advanced Financial Modeling: Best Practices for Intelligent and Error-free Modeling
Financial models are now an integral part of the business world. They have evolved from abstract spreadsheets into real-world applications. But despite its widespread use as a decision-making and productivity tool, it still has a …
How to Calculate WACC for Private Companies
The discount rate plays a crucial role in discounted cash flow analysis. How can an analyst determine a reasonable discounted rate for a company with no publicly traded equity or debt? This article discusses best …
Evergreen Funds: An Interview with a VC Investor Who Raised One
VC and PE funds are typically raised through limited partnerships that have end dates. An open-ended/evergreen structure is a less common alternative. It’s an ongoing fund that continues indefinitely. We discuss open-ended fund nuances with …
You can be a great financial consultant
Toptal Finance has a rigorous screening process that only allows 3% of candidates to pass. How do the most effective financial consultants become so successful? Jeffrey Fidelman is one of Toptal’s most in-demand financial consultants. …
Selling your business for maximum value in a challenging M&A market
Why do 46% to 82% of lower middle-market sell-side deals fail to close when there is $936 billion in uninvested capital? It is usually because companies aren’t ready for the buyers to examine them, and …
Mission Statements – How to Create Value with Intangible Assets
Of the three functional categories that drive value in business–i.e., the “hard,” the “soft,” and the “intangible”–mission statements comfortably reside in the third, alongside such concepts as brand and culture. This article, despite the skepticism …
Use of statistics to measure company growth
It is unlikely that a glance at the top-line figures of company growth will reveal anything particularly radical. To test the drivers of performance, statistical tools can be used to understand trends that lead users …
Why unit economics (still) matter
Venture funding has grown by more than 120% over the past five years in the US. Both startup founders as well as investors are now comfortable with low-margin business models. The success of Amazon and …
Legal Sports Betting: A new economy built on vice
Americans wagered $4.76 billion in the Super Bowl last year when the New England Patriots played the Philadelphia Eagles. 97% of this figure was illegally wagered. This will most likely change when the Super Bowl …