April 25, 2025
Tariffs and M&A
There’s a lot of overreaction without thought. Assuming the tariffs stay at proclaimed levels (and there’s no guarantee they stay, go away, up, or down)…
April 9, 2025
The Need for Adult Supervision Never Ends
Preface – while in Antigua on our service project a local Rotarian recommended some restaurants to us (her firm grows hydroponic greens, so she knows…
March 19, 2025
Boring Businesses: The New Frontier
This post is from Jessica As The Wall Street Journal reported on January 27, 2025, forget flashy tech gadgets and futuristic innovations—venture capitalists are now…
March 12, 2025
Are Your Earnings Quality?
What’s become popular in the buy-sell/M&A world is a Quality of Earnings (QofE) report. It’s a deep dive into the financial statements to see if…
March 5, 2025
Non-Disclosure Means…
It means you keep your mouth shut, which is what someone didn’t do. Luckily they blurted it out to somebody who knows to keep quiet.…
December 30, 2024
How to Get the Deal Done
We recently held the Getting the Deal Done Breakfast Conference, which started 15 years ago. Some things never change, as in, ~200 RSVPs, 20-25% no-shows,…
December 23, 2024
Different Organizations – Same Issues
Recently I attended the annual conference for a non-profit on whose board I serve. It’s NW Student Exchange and the name defines the mission. There…
December 18, 2024
The Right and Wrong Way
This memo is out on election day so let’s tie together a few things. A recent article highlighted how companies are clamping down and even…
December 11, 2024
If You Don’t Invest You Collapse
Cuba recently experienced a nationwide electrical blackout, this after numerous partial blackouts, closing of schools and other “non-essential” buildings, and doing other things to preserve…
December 4, 2024
You’re Always Selling
I got a call from a business buyer who asked me what he should do to satisfy banks who wanted to know why he’s a…
