There is a growing wave of concern how accelerating electric vehicle (EV) sales in the US will affect the automotive maintenance industry. Headlines declaring that 2021 will be a year of…...
There is a growing wave of concern how accelerating electric vehicle (EV) sales in the US will affect the automotive maintenance industry. Headlines declaring that 2021 will be a year of…...
President Joe Biden has proposed a $4.1 trillion economic agenda to be enacted this year. This two-part agenda is composed of the $2.3 trillion American Jobs Plan, focused on upgrading…...
Buying or selling an auto center can be a challenging, confusing, and highly complex process, that can be further complicated when a real estate transaction is part of the deal. While some…...
When buying or selling a business, the parties involved have two options: an asset sale or a stock sale. These two types of transactions entail very different implications in the transfer of…...
There is no way to say this politely: 2020 rocked the automotive franchise industry. However, current information suggests that the auto repair and maintenance industry can expect a strong…...
The Covid-19 pandemic hit the auto center industry disproportionately hard, as lockdowns pulled drivers off the roads for weeks and months at a time. Some auto centers’ earnings dropped by…...
No Payments for 6 months? Now you have my attention. Under the provisions of the new CARES Act, the Small Business Administration (SBA) will cover the first six months of payments –…...
Owned real estate adds a level of complication, but also a substantial number of options. While some business brokers will tell you otherwise, the business and the real estate do not need to…...
Both seller’s discretionary earnings and EBITDA are used by buyers to estimate the free cash flow produced by a company. Ultimately which number is used depends on who the likely buyer of the…...
EBITDA (earnings before interest taxes depreciation and amortization) is used by buyers to estimate the cash flow of a company. They remove interest, because that is only correlated to how…...