@Codie_Sanchez Deadlines, whether real or artificial, are some of the most powerful tools One reason the real estate industry uses them so much, is they keep people moving.

@profithuntercfo #TaxTwitter There are a bunch on twitter. Many use the handle still

@1momofcb @CPATaxTeam I am talking in general over decades. It seems fees have been a race to the bottom for many practitioners But maybe I am wrong

Pricing multiples are a great tool in valuation—but only if the comps are truly comparable. Industry, competitive position, growth, margins, and risk all matter. Many times using private transaction multiples, you know very little about the company to make a meaningful comparison Use private transactions carefully

@KHendersonCo I don’t doubt you at all! Truly impressive

Valuation is an exercise to think through different scenarios & see the impact That could mean: • forecasting best & worst case scenarios • plan large opex or capex cycles • impact of interest rates • lost if major customers No one knows what will happen tomorrow, let alone in 5 years Valuation isn’t meant to predict the future but help assess the future based on your assumptions

@TheNFTCPA @TaxNotes

@NathanSRobinson @nathan_covey 😂😂 true! I do Love & Live for legos.

@skylarromines Now I’m gonna Unfollow you Oreos are my lifeline Also, I need to lose weight. Completely unrelated, though

@ThinkAppraiser You’re spreading rumors now. No one can afford triple meat

@GuyTalksFinance Good time to be able to get a loan against your stock

@RampCapitalLLC 💯

@Camp4 I am in Phoenix. That looks like Sedona. If I visited that house, I would probably never leave

There are 2 ways to look at the capital needed to run a business Operationally there is: working capital, PPE, net, leases, acquired intangibles (ie acquisitions) Financing is how you fund the operational side Both are important It's best to look at both stacks of capital needed to run a business These will tell you the cost of your capital (debt is a fixed rate, equity is an implied rate required by shareholders) Having a clear view of the capital used inside your business helps track sources & uses of capital - where will funding come from? And the magnitude of each inside the business. Retail has large working capital, while manufacturing may have large capital tied up in PPE. Both may use debt funding, but working capital may use lines of credit, whereas PPE may use long-term loans or leases Reviewing these trends overtime can be useful to make operational or financing adjustments as well as forecast what capital you need in the future

@ThinkAppraiser Hence why banks establish large buildings with marble columns (well, used to)... ... I don't disagree.

@ImSamThompson That looks nice and cozy

@SheTalksFinance I noticed the same Very sad Unfortunately, I cussed out a young girl in front of her troop because of this. Figured she gotta learn bad words someday