Back to Learning Center What is Net Working Capital? Business acquisitions often fail due to misunderstandings surrounding net working capital (NWC). Understanding how to calculate net working capital and managed can make or break a deal, especially when purchasing a business. In this guide, we’ll explore why NWC matters, how to calculate it effectively, and …
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Back to Learning Center Introduction In this episode of the ‘I Bought a Business’ podcast, Chris Barrett, CPA of Midwest CPA, interviews Dhruv Patel, a former Army Medical Corps officer who successfully transitioned into Med Spa acquisition entrepreneurship. Together, they explore Dhruv’s journey from military service to owning a Med Spa. Additionally, they discuss the steps involved …
Planning to acquire a business? A Quality of Earnings (QoE) report is crucial to understanding the financial health of your investment. This article explains how QoE reports help uncover the true value, identify potential risks, and support a successful acquisition.
Back to Learning Center Introduction Struggling to decide the best entity structure for your small business? This guide breaks down the benefits and tax implications of C-Corps, Partnerships, S-Corps, and Sole Proprietorships to help you make an informed decision. The right entity structure can significantly impact your business’s tax obligations, growth potential, and overall operations. …
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Back to Learning Center Introduction Beneficial Ownership Information Reporting begins January 1, 2024 and most companies in the United States will need to report information about the owner’s and leaders of the organization. These people are referred to as beneficial owners. This information must be reported to the Financial Crimes Enforcement Network (FinCEN). In this guide …
Guide to Beneficial Ownership Information Reporting Read More »
Back to Learning Center Introduction In business acquisitions, it is paramount that you fully vet the business you are buying. Among the various tools available, the Proof of Cash stands out as one of the most important analysis to ensure the accuracy of financial records. For acquisition entrepreneurs, effectively understanding and using Proof of Cash …
Selling your business can be a long and often stressful process, leaving many sellers disappointed with their final offer amount. To navigate this journey with greater success and to optimize returns while minimizing headaches, it is imperative for sellers to explore the benefits of obtaining a sell-side Quality of Earnings (QoE) report. A Quality of …
6 Reasons to get a Sell-Side Quality of Earnings Report Read More »
Back to Learning Center If you’re an aspiring entrepreneur with a keen eye for business opportunities, but lack sufficient capital, a search fund could be your answer. Entrepreneurship through acquisition (ETA) is a compelling pathway to realize your business ownership goals and own an established business. Search funds provide the financial vehicle to make that …
Introduction Once you’ve gone under LOI with a potential buyer for your business the buyer will begin to conduct their due diligence. Sharing access to your QuickBooks file can make this process much faster and easier for bother parties. In this article we’ll be showing you just how to do that. QuickBooks Desktop When sharing …
Back to Learning Center Introduction One of the primary financing options for Entrepreneurship through Acquisition (ETA) is a Small Business Administration (SBA) loan, which is tailored to meet the specific debt needs of small businesses. As your business acquisition specialist, we at Midwest CPA have simplified what the Debt-Service Coverage Ratio (DSCR) is and how …
DSCR Calculator And Guide For Acquisition Entrepreneurs Read More »
