How I Evaluate Working Capital Cycles in Seasonal Businesses
Seasonal businesses hide liquidity risks. I study working capital cycles carefully—inventory buildup, receivables, and payables—before closing any deal.
The Importance of Cash Reserves After Buying a Business
Even profitable businesses fail without reserves. After closing, I always prioritize building liquidity buffers. In this article, I explain why reserves matter and how I structure them.
The Importance of Understanding Working Capital in Small Business Acquisitions
Working capital is one of the most misunderstood parts of small business acquisitions. I’ve seen deals fall apart—or become unprofitable—because buyers didn’t fully understand the timing of receivables, payables, and inventory. In this article, I share why working capital matters, how I evaluate it in due diligence, and why it’s essential for ensuring long-term liquidity and stability.
The First Metrics I Study When Looking at a Potential Acquisition
When I evaluate a potential acquisition, I don’t start with lofty projections—I start with the fundamentals. Cash flow, margins, customer concentration, and recurring revenue are the first numbers I study to see if a business is healthy or hiding risks. In this article, I share why these metrics matter most, how I interpret them, and how they guide my acquisition decisions.