Quote of the Day
David Hern2021-06-12T19:49:11+00:00Vision without traction is merely hallucination. -Gino Wickman
Vision without traction is merely hallucination. -Gino Wickman
When the CARES Act was enacted, all the buzz from main street was about stimulus checks as well as PPP forgivable loans. Now that things have somewhat stabilized in the markets, there are two important changes related to the CARES Act that could immediately impact your business valuation. NOLs When the Tax Cut and [...]
The Paycheck Protection Program ("PPP") Round 2 stands to be approved Thursday after the House pass and President signs. It is interesting in that it added an additional $321.3 billion to the pot AND authorization for an additional $310 billion. Supposedly this is to be allocated $250 billion to all institutions and $60 billion to [...]
When you listen to the audio clip at the top of this post, you’ll hear what listeners to the radio station, Q99-7, heard every hour on the hour on Saturday, June 6th. We gained this exposure through Cumulus Atlanta’s Grow My GA Business program. Cumulus Media is an audio-based media and entertainment [...]
Founder, David Hern was interviewed by Voyage Atlanta as part of their Hidden Gems series in the Norcross collection. Thanks to Voyage Atlanta for spotlighting David and Sofer™ Advisors. http://voyageatl.com/interview/meet-david-hern-sofer-advisors-llc/
As is the experience of many valuation analysts, clients are typically unfamiliar with the language and mechanics of corporate finance as it relates to business valuation or business brokerage. For these equity owners, it is best to define valuation as a simple algebraic expression that they can easily digest. Market Value = Multiple x Financial [...]
Wondering about how much your business is worth? David Hern, Founder of Sofer™ Advisors, LLC sat down for a radio interview with The Business Hour. Mr. Hern business valuation expert talked extensively about the importance of determining financial value when it comes to buying or selling a business as well as other events requiring a [...]
Six weeks ago, I was inspired by Chris Sacca who wrote what could have been an autobiographical account of my journey into entrepreneurship. Significant portions of this post are attributable to his words, but I have customized them for my experience into entrepreneurship. I have been working on a remote, fully distributed, basis since leaving [...]
Disclaimer - Opinions expressed are solely my own and do not express the views or opinions of my employer. If after reviewing your valuation and all you have is a collection of numbers in a spreadsheet, you do not have a valuation at all. At that point you simply have a model's output calculations [...]
If you haven’t heard of COVID-19 or Coronavirus (or as my 6 year old refers to it, the ball with red broccoli on it), then you’ve been living under a rock. However, regardless of your quarantine efforts, your business is experiencing a severe coronavirus symptom that could have a major impact on your 2020 financials [...]