By: Mike ErtelManaging DirectorTransworld M&A Advisors Most M&A experts agree that the ultimate transaction value of any profitable, on-going business is largely determined/ influenced by its cash flow, which is most frequently expressed as its adjusted, or normalized, earnings before [...]

What if? That’s the question that you’ll ask yourself over and over (and over) when engaging in scenario planning, a well-worn tool that business leaders use to make agile, forward-thinking decisions about future challenges. What is scenario planning? In finance, [...]